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Cypress Solution eNews 
March 24, 2010  -  Cypress Benefit Administrators
    
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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.
topIn This Issue:
extensionTemporary Extension Act of 2010 - Notices Required
 
On Tuesday, March 2, 2010, the President signed into law the Temporary Extension Act of 2010 (TEA), which amends the American
Recovery and Reinvestment Act of 2009 (ARRA) and mandates that plans notify certain current and former participants and
beneficiaries about the premium subsidy. Because of TEA, additional individuals may now be eligible for the COBRA subsidy under ARRA.
 <back to top>
obamabillPresident Signs Health Care Reform Bill - Now What?
 
President Barack Obama signed into law the historic health care reform bill Tuesday. The main health care reform bill is now law, but the separate reconciliation bill with its package of amendments now goes to the Senate, where Democrats are hoping to pass it before the Easter recess which will begin on Friday. Learn more about next steps, and access PDFs of the two bills here. <back to top>
allianceThe Alliance Difference
 
Cypress understands the value transparency brings to our clients in terms of the cost and quality of health care. To become better consumers of health care, information needs to be available to make wise decisions - not just on price, but regarding quality, as well.  Cypress is proud to associate itself with The Alliance - an employer-owned, not-for-profit cooperative of more than 160 employers dedicated to controlling costs, improving quality and helping individuals make informed choices that lead to better health - which shares this same view. Learn more about how this transparent approach to health care works, as well as its benefits. <back to top>
If you have any questions or are looking for solutions, please feel free to contact us. We are happy to help!
Sincerely,
Cypress Benefit Administrators