Appleton, WI (PRWEB)
An annual conference hosted by Cypress Benefit Administrators in Las Vegas, Cypress University recently wrapped its fifth year of sharing solutions and strategies to help contain the ever-escalating costs of employee health plans.
Adam Russo of the Phia Group opened the first day with a dynamic keynote address that communicated a clear message to the 250+ participants in attendance: five million lives have come into self-funding at the start of 2016 for the simple reason that self-funding puts employers in control. He explained that having this control gives employers the ability to customize their plan offerings to fit employees’ needs and avoid unnecessary costs which, in turn, leads to significant savings. “With self-funding, employers find savings opportunities everywhere,” Russo said.