After being waived in 2019 and 2020 due to the pandemic, the San Francisco Health Care Security Ordinance (HCSO) annual employer reporting is back in effect. Employers must report on their 2021 HCSO compliance by May 2, 2022. If your organization is in San Francisco, you may have certain obl...
Feb 10, 2022
SF HCSO Annual Employer Reporting is Back
In a company’s early days, engaging a professional employer organization (think TriNet, Sequoia One, or ADP PEO, etc.) is practical. Outsourcing employee management tasks such as employee benefits and payroll allow a small employer to focus on building its core business. But there’s a ti...
Jan 11, 2022
Have you outgrown your PEO?
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, and/or 3. Opening the door for litigation or claims...
Jan 05, 2022
The Hazards of Making a Health Plan Exception

Open Enrollment: Employee Spending Account Education

It's peak open enrollment season at Lumity, and I wanted to share one of my favorite PowerPoint presentations. It's an employee education deck around spending accounts.  During open enrollment, employees look to HR for benefits electi...

Nov 10, 2021

Health Savings Accounts 101 Slideshow

Open enrollment season is upon us! For employers that offer an HSA-eligible plan, we've put together a slideshow you can use to educate your employees about Health Savings Accounts.   Our #1 tip?  It's helpful to exp...

Oct 20, 2021

The Bad Renewal Trap

Most fully-insured employers are flying blind into their annual health plan renewals. Without claims data, finance and HR professionals have no way of knowing what to expect. So, if you’ve ever gotten a steep renewal rate, or you’re facin...

Oct 11, 2021

5 Tips and Templates for Open Enrollment

Once a year, your employees are asked to make a complicated decision—one that could significantly affect their health and finances. And employees are looking to HR for guidance as they make their health plan choices. So, today, I don’t...

Oct 04, 2021

10 Things Your Employees Need to Know about Health Plans

Not understanding the basics of how a plan works can significantly drive up healthcare costs for your employees. If you or a loved one has faced unexpected medical bills, you’ve felt the stress and limbic system response. There are a ton of...

Oct 01, 2021

6 Things to Look for in a Benefits Advisor

Helping employees navigate health plans, insurance claims, and various benefit options is a full-time task that requires the expertise of benefit industry professionals. HR professionals and People leaders already have a lot on their plate without ge...

Sep 30, 2021