Lumity is excited to announce benefits industry veteran Nicholas Beckman has joined Lumity as a Benefits Consultant. Nick will be responsible for defining and implementing the benefits strategy for several of the country's leading technology companies. Nick has experience managing a wide...
Jun 11, 2020
Lumity Welcomes New Benefits Consultant Nicholas Beckman
As HR professionals lean in and lead their people through a time of racial reckoning on top of a global pandemic, the urgency for securing funds for Diversity, Equity, & Inclusion (DEI), anti-racist programs, and mental health initiatives is front and center. Yet, this need also c...
Jun 05, 2020
Finding Funds For Diversity, Equity, & Inclusion Initiatives
What I’m about to share is probably not what you would expect. In a pandemic year, you could very well get a favorable (or even negative) health plan renewal rate. Especially if you’re a tech employer. Seems incredulous, on the surface, so I’ll dive in and provide some backgroun...
May 28, 2020
7 Strategies to Reduce Employer Health Plan Costs—Despite a Pandemic

Before a RIF, factor in small vs large group health plan costs

If you’re contemplating a reduction in force (RIF) to cut your operational costs, it’s critical to avoid this all-too-common mistake. Large vs Small Group Health Plan Costs If the RIF will drop you down from large group to small gro...

Apr 29, 2020

Unintended Consequences of Employer COBRA Subsidies

Last week, benefits compliance attorney Marilyn Monahan presented a webinar on “COBRA in the time of COVID-19.” And one topic came up that deserves more attention regarding employer COBRA subsidies. Layoffs, unfortunately, have become...

Apr 13, 2020

These Carriers are Waiving COVID-19 Treatment Costs

Health insurance carriers are already covering COVID-19 tests, and many are covering telehealth costs associated with COVID-19 screening. These carriers have recently announced they're waiving coronavirus treatment costs. Aetna Waives Coronavi...

Apr 06, 2020

SF HCSO Required Employer Reporting

Employer Annual Reporting Canceled! 3/24/20 Update: Pursuant to the Mayor's March 23, 2020 proclamation, the San Francisco Office of Labor Standards Enforcement (OLSE) is canceling the employer requirement to submit the 2019 Annual Reportin...

Mar 24, 2020

Leave Laws & COVID-19

Today, I reached out to compliance and benefits attorney, Marilyn Monahan, to ask how COVID-19 might interact with leave laws. I’m sharing what I learned with the broader community. Employers should review their sick leave policies to determ...

Mar 09, 2020

10 Things Your Employees Need to Know about Health Plans

While it’s no surprise that the #1 employer benefits challenge is rising healthcare costs, employee benefits education is a strong second. And, the two are related. Not understanding the basics of how a plan works can significantly driv...

Feb 25, 2020