What should employers be aware of when tying incentives to health screenings / workplace wellness programs?

Incentive-based health screenings and wellness programs have become a pretty widespread tactic among employers these days. The goal with these efforts is win-win in trying to promote a healthier workforce and lower employee benefit costs. But for as well-intended as these programs typically are, some are coming up short in...

May 28, 2019

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In considering a move to self-funding, what are some strengths and areas of expertise a TPA should have?

Moving from a fully insured to self-funded plan is enough of an adjustment itself, so making sure you’re aligned with a TPA (third party administrator) you trust and feel comfortable with is a big deal. There are a lot of us out there, so how do you make that...

Nov 08, 2018

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2 min read

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What are some best practices for maintaining all of the documents that apply to a company’s health plan?

This is a question a lot of people can relate to! For those of us who work closely with health plans, we know how many different documents there are to keep organized, consistent and up-to-date. We also know what kind of negative consequences can await if we don’t stay on...

Oct 10, 2018

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Why is it so crucial for health plans to stay on top of HIPAA regulations?

The answer to this question is pretty straightforward: the consequences of NOT complying with HIPAA regs can be absolutely devastating to a company. One case that really stands out to me involves a health care entity that was fined $2.5 million after a laptop with electronic protected health information (ePHI) was...

Jun 06, 2018

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How well do TPAs understand the laws within the Affordable Care Act (ACA) ruling?

As TPAs, we have a responsibility to our clients to understand the laws that affect the employee benefit plans we administer. The Affordable Care Act (ACA) is no exception. Fortunately, many comprehensive-service TPAs – Cypress included – belong to the Society of Professional Benefit Administrators (SBPA), which serves as a...

May 18, 2016

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2 min read

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