Cypress Benefit Administrators Email Format

InsuranceWisconsin, United States11-50 Employees

Cypress Benefit Administrators is a Wisconsin-based insurance administrator focused on self-funded employee benefit plans for U.S. employers, with client sizes ranging from about 50 to several thousand employees. The company offers The Cypress Solution, a comprehensive framework for health benefits management, aiming to deliver cost savings and reduced employer risk as core objectives. Based in Appleton, Wisconsin, it provides a broad suite of services including plan administration, claims review, 24/7 online access, utilization and disease management, data management, and programs such as a captive insurance option and wellness initiatives.

In 2017, Cypress Benefit Administrators was acquired by Lucent Health, and the Cypress brand transitioned to Lucent Health in early 2020. Historically, the firm emphasizes cost containment, noting that its clients experienced smaller increases in health plan costs than the national average in the early 2010s.

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