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 Coronavirus Treatment Costs Aetna is covering inpatient...
Mar 30, 2020
Aetna, Cigna, Humana Waive COVID-19 Treatment Costs
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 Reporting Form for the Health Care Security Ordinance (HCS...
Mar 24, 2020
SF HCSO Required Employer Reporting
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 determine whether employees who take time off if they ha...
Mar 09, 2020
Leave Laws & COVID-19

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

The Hazards of Making a Health Plan Exception

Allowing health plan changes outside of open enrollment without a permitted mid-year election change is risky. Doing so may lead to the following: 1. Cancellation of your group health insurance plan, 2. Disqualification of your cafeteria plan, an...

Jan 16, 2020

Top 6 Benefits Challenges in 2020

In preparation for 2020, Lumity surveyed CEOs, finance, and HR professionals at U.S.-based companies to understand their biggest benefits challenges. We received 1,648 responses from employers in the 50 - 1,000 employee size. Below, I’ve shared...

Jan 09, 2020

Employers, Domestic Partnerships, and the IRS

Tax and Coverage Rules When it comes to health benefits for domestic partners, employers often struggle with the tax and coverage rules. Multiple factors compound the complexity, so if you’re not an expert, it’s easy to spin in circles...

Dec 26, 2019

HSA Expansion Option for Employers

If you're wondering how IRS Notice 2019-45 ("HSA Expansion") affects your employer-sponsored High-Deductible Health Plan (HDHP), you're not alone. This was the most asked question in a recent "2020 Employer Benefits Legisl...

Dec 17, 2019

The Game Theory Behind Health Plan Renewals

For most U.S. employers, providing employee health care coverage is a cost of doing business, not your core business. And it's the second largest operational expense after wages. Yet HR and finance professionals have little—or no—visi...

Oct 11, 2019