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Renewal StrategyLeverage a data-driven, carrier-agnostic approach.
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PEO MigrationApproaching 100 employees? moving can mean 15-20% savings and better coverage.
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Gametime's Seamless Transition to Better Benefits With Cost Savings
100-person Gametime was rapidly adding headcount and had outgrown their current HRIS platform. They were seeking an HR tech and benefits advisor to support a small in-house finance/HR team and help them cost-effectively scale their benefits.
Lumity’s benefits specialists dove in and assessed their current plan designs, workflows, and HRIS setup. After analyzing Gametime’s census information and health plan designs, the company’s favorable health risk profile enabled them to lock in composite-banded large group rates.
Lumity’s onboarding team took care of the migration of the Gametime’s census and employee roster into their new benefits platform, and a benefits specialist came on-site to explain the new benefits offerings and answer questions during open enrollment.
Both the company and its employees were able to reduce healthcare costs. Gametime re-invested its $50,000 in savings to expand benefits:
- Add dental and vision
- Add medical savings accounts (HSA and FSA)
- Increase employer contributions to dependent medical plans from 50% to 70% of the total cost of premiums
- Offer Kaiser health plan options per employee request (something that had not been possible through Zenefits)
In addition, Lumity’s account team continues to play a critical role in the benefits-to-payroll workflow with Gusto, ensuring zero disruption to the established processes set by the Gametime team.
We knew we needed a sustainable benefits program, and Lumity’s comprehensive benefits solution, analytics, and expertise was just what we were looking for.
Aug 28, 2018|