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 drive up healthcare costs for your employees. If you o...
Feb 25, 2020
We may be in the 20th year of the “new” millennium, but employee benefits has been left behind in the 20th century. Despite HR tech innovations, the quality of customer service remains lower than almost every other industry. This year, consider these 6 ways to improve your employee benef...
Jan 08, 2020
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. This blog is intended to provide employers wi...
Dec 26, 2019

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 just...

Sep 24, 2019

HDHPs have an Ugly Branding Problem

Traditional PPO plans saddle both employers and their employees with high monthly premiums. For this reason, many employers offer High-Deductible Health Plans (HDHPs) with lower premium costs—and then offer Health Savings Accounts (HSAs) to hel...

Nov 13, 2018

How to Drive HSA Adoption: Educate Employees

In our previous post about driving Health Savings Account (HSA) adoption, we covered how to mitigate employee risk with your health plan design. In this final post in our series, we’ll focus on employee HSA education. HSA survey respondent...

Jun 19, 2018

How to Choose Between An HMO and a High-Deductible Health Plan

So many acronyms! It's easy to get lost in the land of healthcare plan options. For this post, we'll tackle a frequent question: what's the difference between a health maintenance organization (HMO) plan and a high-deductible health plan...

Sep 28, 2017

Out-of-Network Care: What You Need to Know About It

“Care” is defined as physicians and dentists, but also specialists like anesthesiologists, occupational therapists, and physical therapists. The services provided by hospitals, labs, radiology facilities, and pharmacies are also deemed ca...

Sep 21, 2017

Domestic partnerships, civil unions, and health insurance: the basics

Health benefits for parties in a domestic partnership or civil union can be an effective recruiting tool. Domestic partnerships and civil unions historically provided coverage to same-sex couples. Yet health benefits for such parties can cost a compa...

Sep 13, 2017

Qualifying Event Documentation

When a significant even happens in your life, you may be able to make changes to your employer-sponsored health insurance to add or drop coverage for you or dependents. When this happens, the insurance company requires certain documentation to confir...

Mar 27, 2017

Workplace Wellness: Workplace Ergonomics & the Prevention of Injury

30Workplace Wellness: The importance of Workplace Ergonomics in the Prevention of Injury Implementing workplace wellness programs can be a significant task.  However, as covered in the latest posts in this series, the benefits of a healthy wo...

Dec 01, 2016

Bringing Open Enrollment into the 21st century

One thing that is sure to have employers and employees singing the same tune is a mutual disdain for the open enrollment period. It's a confusing process for workers and a laborious task for even the most efficient companies. If you're o...

May 10, 2016

Workplace Wellness: Preventing Substance Abuse

Substance abuse is the unhealthy use of alcohol, drugs or other substances that negatively interfere with a person’s functioning or well-being. People abuse substances such as drugs, alcohol, and tobacco for varied and complicated reasons....

May 05, 2016

Workplace Wellness: Managing and Alleviating Stress in the Workplace

Stress in the workplace is a serious issue.  Many of us exist in a culture where the line between work and life is becoming increasingly blurred.  Often, stresses from the day spill into the evening until all our pressures compound into a s...

May 04, 2016

Open Enrollment Education: Be Proactive

Every year that short window of time opens up when employees are allowed to revisit their benefits. Open enrollment can be an extremely stressful and overwhelming time for everyone involved since it's typically the only time during the year ...

May 02, 2016

Workplace Wellness: Combat Fatigue in the Workplace

We have all been there on a Monday morning. Feverishly hitting snooze on the alarm as it rudely awakens us from a blissful sleep. Going through our morning routine in autopilot until we find ourselves at a work station rubbing the sleep from our eyes...

Apr 27, 2016

Workplace Wellness: Exercise Initiatives

One of the best ways to improve the overall health and well-being of your employees is to introduce different opportunities to exercise into the workplace. As covered in the last blog, regular exercise provides many benefits including health improvem...

Apr 15, 2016

Health Savings Account 101 Slideshow

Check out our Health Savings Account 101 Slideshow and share with your friends/family/employees/and the world! Cheers to better benefits. If you have any questions about how Lumity can advise your company on the benefits of medical savings acco...

Feb 22, 2016

Spotlight Series: Year-End Health Savings Account Eligibility And Tax Season

Yes, it's the end of the year and tax season seems far away, but as many may have switched to an HSA-qualified HDHP during open enrollment, it's important to know how year end eligibility in 2015 could affect your taxes in April of 2016 and b...

Jan 04, 2016

Spotlight Series: Avoiding the Pitfalls of Health Savings Accounts

Having already beaten the drum of HSAs in a previous post, it’s also prudent to identify the negative aspects that can be associated with the use of these accounts. After you’ve decided that an HSA-qualifying HDHP is for you and you&rsquo...

Dec 22, 2015

Spotlight Series: Health Savings Accounts and the Inherent Gamble of Health Insurance

Insurance as an industry calculates probabilities of pooled risk. Insurance companies are betting that we (as individuals and on a larger scale, employment groups) will pay more in premiums than they will in medical care costs. As they make this bet,...

Dec 15, 2015

Spotlight Series: A Health Savings Account Rundown

We at Lumity tend to hail the existence and use of Health Savings Accounts (HSAs) more often than not, partially because our customers tend to have younger, relatively healthy individuals and families in their group that benefit from the selection of...

Dec 08, 2015

A Glossary of Health Care Terms

Claim A formal request to an insurance company asking for a payment based on the terms of a certain health insurance policy – usually made by the healthcare provider based on services you use. Co-insurance A percentage of co...

Dec 04, 2015

Spotlight Series: The Employer Mandate 2015

Compliance with the employer mandate in the ACA isn’t hard with the right reporting system and technology. In this post, we’ll shine a light on what you need to know and do to comply. When you're done, get in touch with us and see how...

Oct 19, 2015

Lumity Receives $14M in Series A Led By The Social+Capital Partnership

Big things are happening here at Lumity. Our core belief, that people should be able to easily access the information they need to make the right health insurance decisions no matter the size of their employer, drives us. Today we are happ...

Sep 16, 2015