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Cypress Solution eNews 
April 28, 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.
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HR4851President Obama Signed HR 4851 - COBRA Subsidy Extension
On April 15, 2010, President Obama signed into law the Continuing Extension Act of 2010, HR 4851. This law provides the extension of the 15-month subsidy to employees who are involuntarily terminated from April 1 through May 31. The new law modifies the rules regarding elegibility as well as notices/information that must be sent out. Cypress is consistently monitoring new legislation for our COBRA clients - click to read more details - or call us at 877-236-0844.   <back to top>
The Patient Protection and Affordable Care Act along with the Health Care and Education Affordability Reconciliation Act of 2010 have given us several thousand pages of legislation. Employers are now facing major changes to their health care benefit packages - some starting as early as September.  So we have pulled together some highlights of the bill with facts and a timeline of proposed changes to help you plan for the future. See the facts/timeline.   <back to top>
If you have any questions or are looking for solutions, please feel free to contact us. We are happy to help!
Cypress Benefit Administrators