Lumity Blog

At around 250 employees, your company should be getting your medical claims from your broker or carrier. This claims visibility is a good start to understanding your healthcare costs, but this is just the first step. The real key to managing costs lies in what your broker does with your data.&n...
Aug 19, 2019
How to Leverage Claims Analytics
Remote workforces have become an everyday reality for U.S. businesses. According to Lumity’s organizational design survey, 93% of companies have remote workers. And some companies even operate with 100% remote staff, without a brick-and-mortar office at all. What does it take to have a succ...
Aug 16, 2019
How to Successfully Set Up a Remote Workforce
If the marketing messages surrounding health insurance captive trusts sound too good to be true, you’re right to be skeptical.  I understand why the over-simplified messaging resonates. Insurance underwriting is dry stuff. Health plan mechanics are excruciatingly complex. So there&rsqu...
Jul 30, 2019
Cons of a Captive Trust

An Insider's View of HR Tech

Over 20 years ago, the catchphrase in the tech sector was “Nobody ever got fired for buying IBM.” The idea was IBM was the safe bet. If anything went wrong, you’d be shielded from repercussions based on their reputation for quality...

Jul 16, 2019

Debunking Employer Healthcare Costs

Twenty percent of employers, of all sizes, increased their health-related benefits over the last 12 months according to the SHRM 2019 Employee Benefits Survey. And, no surprise here: healthcare benefits and their rising costs remain top of mind. B...

Jul 11, 2019

If you've got great employee benefits, flaunt ‘em

In MetLife’s 2019 Employee Benefit Trends Study, 6 in 10 employees said benefits were an important reason why they joined their company. Benefits rank second to salary. So, whether you’re focused on hiring or retaining talent (or both!),...

Jun 19, 2019

Top 3 Pitfalls Of All-In-One HR Tech

Trinet. Zenefits. Namely. Gusto. Now Rippling. The all-in-one HR tech space keeps heating up, with a seemingly insatiable appetite for platforms that take care of everything HR—from onboarding and payroll to benefits administration. So when doe...

May 28, 2019

6 Things to Look for in a Benefits Advisor

Monday. You just realized you’ve scheduled yourself three interviews in the morning, you have a quarterly team meeting in the afternoon, and sales needs you to onboard the new SDR. You sigh at the triple-digit number of emails staring back at y...

May 15, 2019

Exceeding 100 Employees Reduces Healthcare Costs

Small Group vs Large Group Insurance High growth companies, especially those in the tech startup world, often race past the large group health insurance milestone without much fanfare. It’s understandable. Until you hit 50 or 100 employees (...

May 02, 2019