Serving employer-clients across the United States, Cypress Benefit Administrators is having continued success with its efforts to contain health plan costs. The third party administrator (TPA) announced that it was able to keep its clients’ rate increases to an average of 3.79% last year, while they went up 7.2% nationally.
As 2016 brought the largest average rate increase to national health plans in the last five years, Cypress Benefit Administrators was again able to come in below this cost trend on behalf of its employer-clients. ... |