Cypress Header
 
 
Cypress Solution eNews 
December 16, 2010  -  Cypress Benefit Administrators
    
Quick Links
Log In to My Account:
 
About Cypress
 
Resources
 
ARGUS
Cost-Savings Case Studies 
 
 
Cypress Solution eNews Archive 
View the complete archive on our Web site.

 

Sign Up to
Receive Cypress
Solution eNews

Sign up for Cypress Solution eNews! 

Greetings!

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.

HOLIDAY SCHEDULE:

Cypress Business Hours for December will remain the same, except that our offices will be closed Fridays December 24 & 31 for the holidays.

 

We wish you and your families a Safe and
Happy Holiday Season!

 

topIn This Issue:
testifyCypress President, Tom Doney, Testifies Before the Department of Labor
Cypress Benefit Administrators co-founder and President, Tom Doney, testified on December 7, 2010, in Washington, DC, before the Department of Labor on the topic of health benefit plan disclosureKey people from the Employee Benefits Security Administration (EBSA) were present, including the Assistant Secretary, Phyllis Borzi.  Read more.
variationVariation in Hospital Payments
According to a recently released study, a wide variation in private insurer payment rates to hospitals across and within local markets suggests that some hospitals have significant market power to negotiate higher-than-competitive prices. The study shows evidence of how hospitals and physicians are charging insurance companies and self-funded plans much differently as compared to reimbursements for Medicare and Medicaid. The data in the study confirms that the Cypress approach is beneficial for our clients.  Read more about the study/results.
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