Being Benevolent with Plan Coverage Can Cost You Big Time!
Throughout the years, Cypress has worked through many issues with our clients. One that frequently arises is when employers feel sympathetic and allow an employee/dependent coverage under the plan when they no longer meet the eligibility definition such as during leaves, layoffs, etc. If not done properly (SPD provisions, proper documentation, etc.), this can be very costly to employers due to lack of claims coverage. Learn more...
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Cypress Earns Better Business Bureau Accreditation and Achieves A+ Rating
Cypress Benefit Administrators' headquarters location was recently accredited by the Better Business Bureau (BBB) of Wisconsin, Inc. The third party administrator (TPA) earned this recognition for meeting the BBB's eight Standards for Trust and also received an A+ rating from the organization. See full news release...
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