If your organization is in San Francisco, you may have certain obligations to your employees under the Health Care Security Ordinance (HCSO). The HCSO can apply to an employer even if only one employee performs work in San Francisco. Employers are bound by the HCSO based on the tot...
Sep 01, 2021
Are you Compliant with SF HCSO?
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...
Aug 18, 2021
Have you outgrown your PEO?
Back in March 2020, in the early days of the pandemic, the Lumity team began planning to deliver a 100% virtual open enrollment to our clients with remote employees in mind. Asynchronous Approach Employers expressed a need for more flexibility around work schedules, so we took an asynchro...
Jul 28, 2021
Asynchronous Open Enrollment Experience for Remote Employees

Cons of a Captive Trust

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 m...

Jul 08, 2021

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 (...

Jun 09, 2021

A Review of the New IRS Guidance on COBRA Subsidies

On May 18, 2021, the IRS issued the COBRA subsidy guidance we’ve all been waiting for. Notice 2021-31 provides guidance on employer tax breaks under the American Rescue Plan Act (ARPA) for continuation health coverage under the Consol...

May 19, 2021

SF HCSO Required Employer Reporting

2020 Employer Annual Reporting Canceled! On May 4, 2021, the City of San Francisco waived the employer reporting requirement for the Health Care Security Ordinance (HCSO) and Fair Chance Ordinance (FCO) for calendar year 2020 due to the...

May 05, 2021

ERISA Delivery Requirements for Summary Plan Documents

Administrators of employee benefits plans that are subject to the Employee Retirement Income Security Act of 1974 (ERISA) are required to provide a summary plan description (SPD) to plan participants and beneficiaries. Below are the general distri...

Apr 26, 2021

3 Common Issues When Employees Relocate without Notifying Their Employer First

As employees embrace the ability to “work from anywhere”, it’s critical to point out a common mistake. Before relocating, it’s essential employees let you know before they make the move. If they move first, then notify you,...

Apr 19, 2021