Cypress Solution eNews
January 14, 2015

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.
Employer Shared Responsibility Payments
With the ACA still in place, we wanted to provide you with a review of the employer shared responsibility payments (aka, pay or play penalties). Our review includes defining the two types of pay or play penalties (effective for plan years beginning on or after January 1, 2015), reporting requirements and timing, and provides links to IRS-issued FAQs as well as draft versions of forms and reporting instructions. Read more
FDA Approves New Hepatitis C Regimen
In case you may have missed the announcement, there is a new (year-end 2014) FDA-approved regimen for treating the hepatitis C virus. AbbVie's regimen is another high-cost treatment that joins the ranks with a couple of others seen as highly effective means of cure. Learn more about these drug regimens and their costs...
Cypress Launches New User-Focused Website
Cypress Benefit Administrators is pleased to announce our recently launched new website. With our growing client and partner base in mind, we redesigned our site to more fully represent our full line of customizable administrative services and employee benefits, provide more employee benefit resources to visitors, better organize all information, and simplify access. Read the full release
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