In the News

TPA Partnership with Medical Travel Program is Saving Plan Members Up to 80%

October 8th, 2019

News Release – Cypress Benefit Administrators has announced that its partnership with SkyMedicus is saving the health plans it manages up to 80% on care services internationally. This medical travel program is also giving members access to some of the most skilled specialists worldwide for procedures ranging from hip/knee replacement to coronary bypass. Read More…

Cypress Benefit Administrators Welcomes New Director of Sales to TPA Firm

August 6th, 2019

News Release – Joining the team at Cypress Benefit Administrators, Justin Meissner has been hired as the director of sales for the TPA firm’s Denver location. Meissner will head up the overall sales effort, with a focus on captive insurance, reference-based pricing (RBP) and self-funded benefit plans. Read More.

Popular Employee Benefits Conference Wraps Up After Two Days of Educational Panels & Presentations

May 16th, 2019

News Release A top conference in the employee benefits industry, the 2019 installment of Cypress University wrapped up in Las Vegas. Hosted by Cypress Benefit Administrators, attendees learned about the latest in everything from stop loss and specialty drugs to reference-based pricing (RBP) and health plan data. Read More.

Top Industry Conference Focused on Employee Benefits Returns to Las Vegas Today

May 14th, 2019

News Release – May 14, 2019 Cypress University has returned to Las Vegas for the eighth consecutive year with two days’ worth of educational sessions focused on cost containment strategies for self-funding. The conference is organized by Cypress Benefit Administrators, an experienced TPA, and features a lineup of acclaimed benefits professionals. Read More.

TPA Keeps Average Health Plan Cost Increase Under 1% for Second Year in a Row

April 25th, 2019

News Release Cypress Benefit Administrators released its annual cost trends data for 2018, and the numbers show that the average cost increase for the benefit plans the TPA administered was contained to just .06%. Continuing a history of savings, the average Per Employee Per Year (PEPY) cost was only $9,815 for Cypress plans compared to… Read More

President of TPA Firm to Lead Super Session on Cost Containment Solutions for Health Plans at Benefits Symposium

April 11th, 2019

News Release Invited back to present at the 2019 LBG Advisors Benefits Symposium, Tom Doney of Cypress Benefit Administrators will lead a “Super Session” on cost containment solutions for health plans. He’ll explain the variety of programs available and also talk about which solutions Cypress clients are having success with and the kind of savings… Read More

Cypress Benefit Administrators Partners with HealthJoy to Offer Tech-Savvy Solution for Employee Engagement

July 31st, 2018

(As seen on the Minneapolis/St. Paul Business Journal, Atlanta Business Chronicle and other major media websites) Cypress Benefit Administrators recently announced a new partnership with HealthJoy to offer employer-clients a solution that will help employees make smarter health care decisions. The easy-to-use, mobile-based app combines resources for members to access online doctors and health care… Read More

Average Health Plan Cost Goes Up Less than 1% for TPA’s Employer-Clients

May 31st, 2018

(As seen on One News Page, News OK and other major media websites) Releasing its annual cost trend data for 2017, Cypress Benefit Administrators announced that it was able to keep its plan cost increase to just .69% last year. The third party administrator shares more results for staying under trend, including the company’s success… Read More

Employee Benefits Conference Wraps Up After Presenting Real-World Strategies to Contain Plan Costs

April 30th, 2018

(As seen on the Star Tribune, Press-Telegram and other major media websites) Wrapping up its 7th annual conference in Las Vegas, Cypress University featured a full line-up of sessions that focused on cost containment solutions in self-funding. Some of the topics covered include reference/value-based pricing, employee engagement, chronic care management, stop loss insurance and opioid… Read More

Annual Conference Focused on Ways to Control Employee Benefit Costs is Back in Session

April 25th, 2018

(As seen on the Daily Herald, Pittsburgh Post-Gazette and other major media websites) Cypress University has returned to Las Vegas for two days of learning with presentations and panels from experts in the employee benefits industry. This popular conference from Cypress Benefit Administrators will share real-world strategies and solutions self-funded employers can use to keep… Read More