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
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When it comes to benefits, it’s vital that your solution provider is 100% laser-focused on delivering a delightful employee experience. The Rub Until now, employers have typically gone one of two ways: All-in-One: while all-in-one HR solutions may solve employer workflow issue...
Jul 31, 2018
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Workplace Wellness programs save $3 in medical costs for every $1 spent. This 82-page guide will help you build an operational plan, get employees engaged and deliver value to your organization. Not sure where to start or how to prove ROI? Download the complete 82-page guide now at http://benefits.l...
Jul 14, 2017
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[eBook] Employee Benefits Benchmarks 2017

This benchmark survey was taken by 947 employers from across the country. The majority respondents were from organizations employing fewer than 500 employees. The trends seem to indicate that employers continue to use benefits as a tool to attract...

Jun 02, 2017
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[eBook] Six Steps to Modern Benefits

With constantly shifting legislation, technology platforms, and rising healthcare costs, the benefits industry remains an antiquated system held together by duct-tape. Since Lumity's start in 2014 to unbundle benefits, we've learned a few ins...

Jun 01, 2017
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What a modern (data-driven) employee enrollment looks like

Lumity’s mission to deliver a superior benefits experience by clarifying benefits for employers and employees started out with our founder’s frustration with purchasing and using employee benefits, both at a corporate level and at an indi...

May 31, 2017
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Service + Software: A Modern Employee Benefits Experience

Owning the entire employee benefits experience end-to-end is critical in successfully integrating benefits expertise, technology, and employee support. Because Lumity is the service and technology platform, we feel the same pain. The differ...

May 04, 2017
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Better Benefits: Brokers and the Rabbit Hole of Fees

Budgeting for benefits. Every year during FP&A, finance professionals gather around spreadsheets trying to read the tea leaves on expected company benefit costs for the coming quarter or year. CFOs need to budget cash reserves (for self fundin...

Apr 24, 2016
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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
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Spotlight Series: How to Fix Excess Health Savings Account Contributions

When you have a Health Savings Account (HSA) and you know that for 2016 you can only contribute a maximum of $3,550 and $6,650 for individual and family coverage respectively, somewhere along the way it's possible that you contributed m...

Jan 11, 2016
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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
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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
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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
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Data Demystifying Open Enrollment

How data insights and one-on-one benefits counseling creates the best open enrollment experience for employers and employees. Open enrollment meetings can evoke memories of an hour spent in a cold conference room with coworkers, getting confused t...

Dec 02, 2015
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Level (partial-self) funding: A data-driven path to self insurance

The Affordable Care Act has caused a fundamental shift in the way employers think about offering healthcare and health plans to employees. Starting in 2016, the onset of the Employer Mandate and the expansion of Community Rating&n...

Nov 02, 2015
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Spotlight Series: ACA Community Rating - How Data Can Help You Navigate Rate Shocks

Data drives decisions. No matter the size or relative impact of the decision, data is necessary. When the decision is as impactful as the kind of health insurance to choose for your employees, it becomes even more critical. Small and medium-sized...

Oct 26, 2015
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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
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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
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Democratizing Health Insurance for the 99%

By Tariq Hilaly, Co-Founder and CEO For many Americans the healthcare system is a disaster. The cost continues its steady march upward. Insurance premiums are skyrocketing 3x faster than inflation1 - often for reasons few understand. There’s...

Sep 03, 2015
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