Cypress Solution eNews
December 15, 2017

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. 
  • Cypress Business Hours for December/January will remain the same, except that our offices will be closed Monday, December 25, and Monday, January 1, for the holidays.
We wish you and your families a Safe and Happy Holiday Season!
IRS Releases 2017 Version of Publication 5223 Regarding Substitute ACA Information Reporting Forms 
The tax year 2017 version of IRS Publication 5223 is now available, which sets forth the general rules and specifications for preparing substitute Forms 1094-B, 1095-B, 1094-C, and 1095-C. For information on topics including required font size, orientation of the reporting forms, what data fields are required, and rules regarding electronic reporting of information, and more, see the full article...
Cypress Offers ACA "Pay or Play" Reporting Solution
through Partner Service
When the new ACA "Pay or Play" mandate came out a couple of years ago, many clients reached out to us for help, unsure how they would manage the new required reporting. In response, we partnered with PROfessional ACA Reporting to offer an affordable, easy-to-use program to assist you in your reporting and compliance efforts. Clients currently using the service love it, so we wanted to make sure you know about this option. Learn more...
News Release: 
TPA's Client Base Saves $48 Million through Add-On Travel Network Program Implemented with Health Plans         
In offering a customizable benefit solution that provides health coverage when plan members travel outside of network, Cypress Benefit Administrators helped its clients save $48 million last year. This program resulted in discounted rates of more than 30% per quarter for self-funded plans. Read the full release...
Recent Questions Answered:
  • With a self-funded plan, what are the main things to consider when choosing stop loss insurance? See Tom's Take
  • How is the concept of "everywhere care" affecting consumers? See Tom's Take
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