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Cypress Solution eNews 
October 26, 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:
hpsHealth Payment Systems Adds Affinity Health System 
Health Payment Systems (HPS) has announced the addition of Affinity Health System to the HPS provider network effective November 1, 2011. Cypress has been a close partner of HPS since its inception, and we are very excited about the opportunity of offering Affinity to our mutual clients with membership in Wisconsin. HPS Single Payment System benefits include simplified paperwork, savings for employers and employees, reduced collections costs and more. Learn more, see specific facilities added – and see an updated HPS provider listing.  
lifelockCypress Partners with LifeLock®  
Cypress Benefit Administrators has partnered with the number one, best-known identity theft protection brand in the industry, and we are excited to offer this service as an employee benefit. LifeLock helps reduce employees' risk of identity theft and proactively protects their good names, even if their personal information falls into the wrong hands. Cypress, through the strength of our nationwide membership, is able to offer LifeLock at special pricing. Learn more
age26Wisconsin Legislature Passes the Age 26 Adult Children Tax Exemption  
For employers in Wisconsin, it is great news that both houses of the Wisconsin legislature have passed Senate Bill 203 on a bi-partisan basis. This Wisconsin provision, which would be retroactive to January 1, 2011, would eliminate 'extra' income taxes for employees and avoid paperwork headaches for employers. Learn more.  
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