Cypress Solution eNews
August 25, 2016
 

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. 
2016 Transitional Reinsurance Program Contribution Rate and Deadlines Announced
The Centers for Medicare & Medicaid Services (CMS) has announced the 2016 benefit year contribution rate and deadlines for the Affordable Care Act (ACA) Transitional Reinsurance Program, which requires employers sponsoring certain self-insured plans to make contributions to help stabilize premiums in the individual market inside and outside of the Marketplaces. Learn more...
News Release: 
TPA Contains Average Medical Plan Cost Increase to Just 2.05% for its Employer-Clients       
A third party administrator (TPA) with multiple locations in the U.S., Cypress Benefit Administrators has released its annual cost data trends report comparing the average cost increase of its health plans to others throughout the nation. Cypress reports that its plan costs went up an average of just 2.05% in 2015, which is less than half the national percentage increase. Read the full release...
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