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In preparation for 2020, Lumity surveyed CEOs, finance, and HR professionals at U.S.-based companies to understand their biggest benefits challenges. We received 1,648 responses from employers in the 50 - 1,000 employee size. Below, I’ve shared our findings. In this presidential election ye...
Jan 09, 2020|
It’s health plan renewal season, and some employers are in for a sticker shock. But, before you swallow a double-digit rate hike that will cost you and your employees, it’s critical to find out whether the rate is, indeed, a fair reflection of your group’s risk profile. While th...
Oct 01, 2019|
At around 250 employees, your company should be getting your medical claims from your broker or carrier. This claims visibility is a good start to understanding your healthcare costs, but this is just the first step. The real key to managing costs lies in what your broker does with your data.&n...
Aug 19, 2019|
Twenty percent of employers, of all sizes, increased their health-related benefits over the last 12 months according to the SHRM 2019 Employee Benefits Survey. And, no surprise here: healthcare benefits and their rising costs remain top of mind. But, while SHRM talks about more and more employers...
Jul 11, 2019|