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.
Final Rule on Minimum Value
The Department of Health and Human Services (HHS) released a lengthy final rule, HHS Notice of Benefit and Payment Parameters for 2016, which establishes key standards for issuers and Marketplaces for 2016. A key part of the document is the final rule on the definition of "Minimum Value," as this definition is the guide by which health plans will determine if the coverage offered meets minimum requirements for purposes of Employer penalties ("Pay or Play" penalties) under the Affordable Care Act, as well as member subsidies. Learn more
Cypress Adds to Account Executive Team
Cypress is excited to announce the addition of Mary Flannery to our Account Executive team. We're glad to welcome Mary, who brings over 13 years of experience on the broker side of the industry, along with additional experience in a broad range of business and customer service roles. Read more
News Release:
Doney Named SPBA's Chairman of the Board
Tom Doney, president and CEO of Cypress Benefit Administrators, has officially been named as chairman of the national board of directors for the Society of Professional Benefit Administrators (SPBA). Doney will serve in this leadership role through the end of 2015. Read the full release
