Cypress Solution eNews
February 26, 2018

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.
"Cadillac Tax" Delayed Until 2022   
President Trump has signed the Extension of Continuing Appropriations Act, which (among other things) delays implementation of the "Cadillac Tax," the ACA's excise tax on high-cost employer-sponsored health coverage. This delay is for two years, with implementation now currently set for 2022. Learn more...
IRS Updates Q&As on ACA Information Reporting
The IRS has updated its Q&As regarding Form 1094-C and 1095-C information reporting by applicable large employers (ALEs). The updated Q&A addresses many topics, some of which include types of information to be shared with employees, offer of coverage for the month of hire, COBRA and reporting, HRAs and reporting, and more. For more details, see the full article...
News Release: 
TPA Identifies 3 Focus Areas that Contributed to Added Claim Savings for Health Plans           
Focusing on claim review as a strategy for cost containment in self-funding, Cypress Benefit Administrators identified three areas to help maximize savings in 2017. By adding emphasis on three focus areas, Cypress was able to negotiate $4.3 million in total claim savings on behalf of its clients. For more details, read the full release...
Recent Questions Answered:
  • How does today's multi-generational workforce factor in to the employee health benefits that companies offer? See Tom's Take
  • What will the prescription drug cost picture look like in 2018? See Tom's Take
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