Company Information

Get to know Cypress Benefit Administrators

Founded in 2000, Cypress Benefit Administrators was a leading independent third-party administrator (TPA) that provided customized health benefit plan administration and claims processing for self-funded employers across the United States. The company was known for its focus on cost containment strategies, data transparency, and personalized customer service. In December 2017, Cypress was acquired by Lucent Health, a provider of data-driven healthcare risk management and self-funded health plans. Following the acquisition, Cypress was integrated into the Lucent Health brand and its operations and services now continue under the Lucent Health name.

Industry

Financial InsurancePRIMARY
Financial Other Service

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Cypress Benefit Administrators

United States

Founded in

2000 (26 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,284 reviews)

Mauritius

2015

(10 years)

Security Information :

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ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.