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Cypress Solution eNews 
July 31, 2012  – Cypress Benefit Administrators
    
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topGreetings!

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:
olympicOlympians Face Unique Health Insurance Options 
There are about 1,000 elite athletes who, along with more than 360 U.S. Olympic Committee employees, get coverage through the Elite Athlete Health Insurance program, which the USOC describes as "a level of base support ... in order to minimize the out-of-pocket expenses incurred by insured athletes for costs of medical care." The public likely wouldn't expect Olympians to incur many health care expenses, given their excellent physical condition. But that isn't the case; in fact, these athletes see physicians and trainers at a greater rate than averageRead full Kaiser Health News article   
sup11yearSupreme Court Decision Cuts Reform Law's 11-Year Cost by $84 Billion, CBO Says 
The 11-year cost of the federal healthcare overhaul will drop by $84 billion in the wake of the U.S. Supreme Court's June 28 decision, according to new projections by the Congressional Budget Office. The court's decision to remove financial penalties on states that opt to not expand their Medicaid programs will reduce the law's expected 11-year cost to $1.168 trillion. The CBO projected that the court's decision will result in about 6 million fewer enrollees in Medicaid and the Children's Health Insurance Program, and will likely result in a range of state actions related to Medicaid. Read full ModernHealthcare.com article    
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Cypress Benefit Administrators