The Cypress Solution
A Smarter Approach to Benefits Administration
Payroll is an employer's largest expense, but what do you think comes next? It's the cost of employee benefit plans. With healthcare rates on the rise and projected to hit 3.6 trillion dollars in the next five years, finding ways to manage costs today is crucial.
That's where The Cypress Solution comes in. This comprehensive set of medical risk management tools – consisting of benefits administration, cost control, employee wellness and data management – is based on a proven four-step process designed to provide smart, affordable health insurance options that combat skyrocketing expenses.
1. Claim Reduction/Elimination
Reducing and/or eliminating the number of claims through assessments and advocacy
How does it Work?
- Cypress's one-of-a-kind 'Thrive' employee wellness program
- Health risk assessments
- Incentives for good health/behaviors
- Disease management
- Medical advocacy
- Active engagement in health initiatives
2. Employee Information/Decision Assistance
Making employees active participants in the decision-making process
How does it Work?
- Employees become healthcare consumers instead of users
- Medical advocacy
- Consumer driven health plans
- Program offerings
- Disease Management
- Cypress Online
- Health Grades System
- Medical Tourism
- On-Site Medical
3. Cost Management
Monitoring claims carefully and managing costs when they are incurred
How does it Work?
- Careful review of healthcare billing
- ARGUS Claim Review
- Medical claims processing audits
- Fraud and abuse detection
- Intelligent claim surveillance
- Unbundling/upcoding review
- Cost preparation/negotiation
- Drug Cost Management
- Organ Transplant Carve-Out Insurance
- PPO discounts
- Individual negotiation
- Upfront claim financing
4. Employer Data Management and Information/Decision Assistance
Tracking plan effectiveness and making adjustments as necessary
How does it Work?
- Constant tracking and reporting
- Cypress Online
- Client-specific reports
- Comprehensive monthly reports
- Regular client meetings
- Option Review
- Predictive/plan modeling
- Introduction to other products
- Unique stop-loss options
Cypress Benefit Administrators specializes in affordable healthcare & consumer driven health plans for clients throughout the United States.
RESOURCES
Network Links
Consumer Info Links
Employer Resources
ACCOUNT ACCESS