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Cypress Solution eNews 
June 12, 2013 – 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:
form720Revised IRS Form 720 Now Available for Employers to Report and Pay PCORI Fees  
The IRS has revised Form 720 (Quarterly Federal Excise Tax Return) for employers sponsoring certain self-insured health plans to report and pay new fees imposed under Health Care Reform to fund PCORI. The fees, which must be reported annually on the second quarter Form 720 and paid by its due date, July 31, are based on the average number of lives covered under a plan. Learn more about which plans are affected, how to calculate and pay fees, and find links to Form 720, form Instructions, final regs, etc.    <back to top>
case187Argus Cost-Savings Case Studies: 
CASE #187 – ARGUS Claim Review Saves Client Over $9,000: Non-Medically Necessary Coronary Angiogram  
At Cypress Benefit Administrators, we are continually on the lookout for ways to save our clients money on their medical expenses. As a part of this effort, we've instituted the most all-encompassing fraud protection and cost containment system available: Argus Claim Review. Many of our clients have experienced the significant savings generated by Argus. Read just one example here.    <back to top>
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Cypress Benefit Administrators