Lumity Blog

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&...
Jul 30, 2019
Cons of a Captive Trust
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 and service. I’ve been thinking about how...
Jul 16, 2019
An Insider's View of HR Tech
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. But, while SHRM talks about more and more employers shi...
Jul 11, 2019
Debunking Employer Healthcare Costs

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 does a...

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 (see tabl...

May 02, 2019

Better Benefits Can Support Your Company's Growth Strategy

In the competition for talent, salary and benefits consistently remain the top two swaying factors. In fact, a Glassdoor survey showed that 4 out of 5 employees would prefer better benefits over a raise (79%). And the numbers spike (89%) for you...

Apr 18, 2019

4 Tips for Scaling Employee Communication

Today's modern, tech-enabled workforce compounds the challenge of employee communications. Everyone—you, me, and our employees—is more distracted than ever. While solving the problems of employee communication won’t be easy, it doesn’t mean we should...

Apr 02, 2019