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Cypress Solution eNews 
August 18, 2011  -  Cypress Benefit Administrators
    
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topWe 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.
In This Issue:
websiteARGUS Claim Review Launches New Website 
ARGUS Claim Review, the industry's most all-encompassing fraud protection system, has launched a new website to provide more information about how ARGUS is working to save employers money. Oftentimes, health insurance claims are billed inaccurately due to a simple medical coding mistake or other unintentional error. On average, our ARGUS clients save an estimated 25% on billed charges. Learn more about how ARGUS works and how it can help your company save through diligent claims management.
Visit our new ARGUS website at: www.argusclaimreview.com.

middletownMiddletown, CT, Saves $800,000 by Moving from Fully Insured to Self-Funded Contract 
It is easy for Cypress to say self-funding an employer-sponsored benefit program is more cost effective than a fully insured arrangement. It is great to see - and share with you - actual examples that support our belief. The city of Middletown's $800K first-year savings is one such example. Read the full story here. Contact Cypress to learn how your company can enjoy savings through a self-funded benefit program.
    

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