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Cypress Solution eNews 
June 1, 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:
Prescription drug costs are rising -- in many cases representing 1/3 of plan costs. 
To combat this growth in pharmacy costs, Cypress has partnered with BidRx, a secure, Internet Web site that links consumers with pharmacies, manufacturers, prescribers and payers so all can make better decisions when purchasing prescription drugs. The result is lower out-of-pocket costs, lower drug spends and, ultimately, lower plan costs. Learn more about this eBay-like system...
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The latest information from Washington indicates that the maximum contributions that can be made to health savings accounts in 2011 will be the same as in 2010 due to the cost of living remaining flat. See more details and historical figures...   <back to top>
teamCypress Benefit Administrators Announces Two New Hires & Promotion at Omaha Office
Cypress Benefit Administrators has added two key positions: Brian Bergman as Account Executive, and Sharon Jones as Operations Manager; and has promoted Justin Horn to Director of Sales and ServiceLearn more about Brian, Sharon and Justin and their contributions to Cypress...   <back to top>
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Cypress Benefit Administrators