Since 2000, Cypress Benefit Administrators has been pioneering the way toward cost containment in health benefits. We realized that the traditional approach to employee benefits administration wasn’t working, and became the first third party administrator (TPA) in the United States to pave a totally different path. By merging benefits/claims administration, consumer driven health plans, and proven cost control measures together into one package, we’ve developed a system that delivers high quality benefits while saving our clients money – the Cypress Solution.
Cypress is based in the Upper Midwest, with headquarters in Appleton, Wisconsin, and additional locations in Nebraska, Colorado and Oregon. We believe that a benefit administrator must adapt to the constantly changing health care landscape and the ever-evolving needs of each client. This is done by offering stability, yet continuous change – combining the fundamentals with new ideas and innovation.
The outcome? Customized employee benefit programs that combine the right mix of health care coverage to make sense for self-funded plans covering a minimum of 50 members/dependents to thousands. With Cypress, you can:
Just as every company requires a customized health care plan, every plan needs ongoing, personalized attention. Cypress’s team of benefit administrators understands that business needs can change just as quickly as workforces evolve. That’s why we work closely with employer-clients to monitor their health benefit plans and track performance, share the latest trends and discuss any new options, too. Our goal is to create a long-term partnership that helps you realize maximum plan savings while still offering your employees the best employee benefits.
“Besides the normal medical claims processing and administrative support that we expect from TPAs, Cypress is also great at introducing us to upcoming trends, suggesting alternative solutions and introducing best practices. These are services that Cypress not only provides, but excels at.”
– Doris DeBruin, Menasha Corporation
“Our company has been self-funded since 2001 and we were one of Cypress’s first clients. We have a small group, but it’s a really nice plan with a rich, robust benefits structure. Cypress is helping us offer the best benefits for the least amount.”
– Jim Caves, Kadent GranTek, Inc.
Since 2000, Cypress Benefit Administrators has been providing employee benefit administration for companies across all 50 states. Cypress clients range from small U.S.-based businesses to large corporations, and represent a variety of industries like manufacturing, service, education, legal, and municipalities.
Our employee benefits expertise also extends to self-funded employers with Multiple Employer Welfare Arrangements (MEWA) and Trust Plans.
The company we keep at Cypress Benefit Administrators is an important reflection of who we are. Our professional affiliations are a great way for us to stay on top of the latest in employee benefits and self-funding strategies. We belong to these first-rate organizations:
Our forward-thinking philosophy and reputation for solid performance aren’t going unnoticed. The honors we’ve received are proof that the hard work we do and the unique approach we take are having a positive effect on our employer-clients.