NOTE: This issue of Cypress Solution eNews carries a Special Announcement only. We will resume our normal format in our next issue.
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Special Employer Incentive Program Offer from Health Payment Systems (HPS) Limited-Time Offer
Health Payment Systems (HPS) is offering a special employer incentive for 2010.
The Offer Employers will be reimbursed their HealthEOS or IHG access fees up to $3.65 per employee, per month. Additionally, all costs for re-issuance of members' insurance cards will be paid for by HPS. HPS offers a no-hassle implementation, and there are no disruptions to your employees' choice of healthcare providers.
Benefits of HPS Membership Employers will see their overall paid claims expense go down from 5%-20% through HPS's superior provider discounts. In 2009, HPS was able to save its employer groups approximately $6 million over what they had been experiencing with their current plans (see attached "HPS Aggregated Savings Report").
