Cypress Solution eNews
August 24, 2017
 

We enjoy bringing you information and reminders to help you stay abreast of new Cypress developments and industry compliance requirements. Please let us know how Cypress Solution eNews can be of further service to you. 
IRS Releases Draft 2017 Forms 1094 and 1095
The IRS has released draft versions of the Forms 1094-B, 1095-B, 1094-C, and 1095-C that employers and insurers will use in early 2018 to report on health coverage offered in the 2017 calendar year. For details on changes from past years and links to the draft forms, see the full article...
  
News Release: 
Cypress Shares How Two Next-Generation Benefit Solutions Saved an Employer Upwards of $2 Million and Led to Healthy Outcomes   
With its forward-thinking approach, Cypress is helping employers save on health care costs while ensuring quality health care. Learn about how one company's decision to implement next-generation benefit solutions provided participants with exceptional treatment options and saved millions. Read the full release...
  
News Release: 
Health Claims Analysis Reveals Opportunities for A TPA's Clients to Save an Additional $16 Million   
Focused on cost containment efforts, Cypress recently had a health claims analysis done to identify additional savings opportunities for health plan clients. The results showed the potential for clients to save up to $16 million in aggregate on medical services by helping companies educate patients to choose more cost-effective service providers. Read the full release...
  
Recent Questions Answered:
  • Is low health literacy a problem, and what is being done to address it? See Tom's Take 
  • When companies move to self-funding, do they take on a lot of extra work in the day-to-day plan administration? See Tom's Take
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