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 facing one now, r...
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—visibility into this...
AMA: Annual Health Plan Renewals
In this 30-minute “ask me anything” open forum, Tariq Hilaly, Lumity CEO, sheds light on a very opaque and frustrating process: the annual health plan renewal. If you feel like your company is flying blind, you’re not alone. During the forum, employ...
How to Drive HSA Adoption: Mitigate Employee Risk with Plan Design
Where we last left off in this series, the key takeaway was “money talks”: finding your employer contribution sweet spot incentivizes further employee Health Savings Account (HSA) uptake. But after the right employer contribution is in pl...
![[On-Demand Webinar] Ending Renewal Roulette](https://www.lumity.com/images/1563441255End-Renewal-Roulette.png)
[On-Demand Webinar] Ending Renewal Roulette
With employer healthcare costs rising 2-3x faster than wages, blindly hoping for a good “trend” renewal isn’t sustainable. Join us for a 15-min 'skim'-inar to learn how your company can regain control and.
Introducing Claims Performance Insights
Introducing claims performance insights, a whole new ballgame for managing a data-driven benefits program.What is it?Claims analytics provides an on-demand dashboard for benefits managers to see their claims performance in a single, consolidated inte...
Greenhouse's Better Employee Benefit Experience
Greenhouse Software, the leading designer of recruiting and onboarding software, set a quarterly objective to strengthen internal culture and prepare for future growth. As a small people team, they needed comprehensive employee engagem...
How Wealthfront Earned Six-Figure Health Plan Savings
When Wealthfront grew to more than 100 employees, they wanted to explore options to move from their professional employer organization as it became cost prohibitive. With a lean culture, it was critical that new benefits didn’t i...
How ThousandEyes Gained a 15% Health Plan Savings
ThousandEyes was experiencing double-digit employee growth and facing a 20% renewal on their small group health plans for the upcoming year. Their current contribution incentives favored an HMO, and the company was looking to re-design...
How ThousandEyes Gained a 15% Health Plan Savings
ThousandEyes was experiencing double-digit employee growth and facing a 20% renewal on their small group health plans for the upcoming year. Their current contribution incentives favored an HMO, and the company was looking to re-design...
SquareTrade’s $700k Health Plan Savings
SquareTrade had been growing at a healthy rate, reaching more than 400-employees in California and Florida. With annual “trend” renewals on their health plans on the order of 8-10%, the company had assumed their health insu...
The Linux Foundation's Data-Driven PEO Migration
The Linux Foundation was spending more than $1.2M a year on health plans and benefits for their 80-person group. As the headcount approached 100 for the next year, the company was looking for ways to improve risk management, optimize health plans, an...
The Linux Foundation's Data-Driven PEO Migration
The Linux Foundation was spending more than $1.2M a year on health plans and benefits for their 80-person group. As the headcount approached 100 for the next year, the company was looking for ways to improve risk management, optimize health plans, an...
How Greenhouse Software Drove Six-Figure Savings
Greenhouse Software, the leading designer of recruiting and onboarding software, set a quarterly objective to strengthen internal culture and prepare for future growth. They needed to explore best-in-class benefits solutions to replace their current...
How CareCloud Fought a 25% Health Plan Renewal
CareCloud, a leading cloud-based Healthcare IT company, faced a significant renewal on their health plan rates for the upcoming year for their employee group of 250 people.SOLUTION Lumity’s benefits consultants analyzed CareCloud&rsqu...
Benefits Modeling: How to Speed-Date Plan Design
Providing a quality benefits plan is of critical for attracting and retaining talent. If you've begin thinking that your current plan isn't isn’t quite all you need it to be and you’re looking for a change, it's important to know that plan desig...