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Articles by the Lumity Team
Benefits Consultants at Lumity, Inc

Lumity partners with the modern employer and employee to drive a competitive benefits program that delivers a superior experience. Read the latest from the Lumity team.

Helping employees navigate health plans, insurance claims, and various benefit options is a full-time task that requires the expertise of benefit industry professionals. HR professionals and People leaders already have a lot on their plate without getting pulled into the rabbit hole of benefits.&nbs...
Sep 30, 2021
6 Things to Look for in a Benefits Advisor
Back in March 2020, in the early days of the pandemic, the Lumity team began planning to deliver a 100% virtual open enrollment to our clients with remote employees in mind. Asynchronous Approach Employers expressed a need for more flexibility around work schedules, so we took an asynchro...
Jul 28, 2021
Asynchronous Open Enrollment Experience for Remote Employees
Small Group vs Large Group Insurance High growth companies, especially those in the tech startup world, often race past the large group health insurance milestone without much fanfare. It’s understandable. Until you hit 50 or 100 employees (see table; the number varies by state), you don&rs...
Jun 09, 2021
Exceeding 100 Employees Reduces Healthcare Costs
On March 11, 2021, President Biden signed the American Rescue Plan Act of 2021 (ARPA).  The ARPA brings two big benefits changes. 100% COBRA subsidies: from April 1, 2021 through September 30, 2021 for individuals and family members who lost health plan coverage due to involuntary...
Mar 11, 2021
Dependent Care FSA Increase and 100% COBRA Subsidies Passed by Congress
On Friday, February 26, 2021, the U.S. Department of Labor (DOL) issued guidance regarding the suspension of benefit plan deadlines during the "outbreak period". (See EBSA Disaster Relief Notice 2021-01). This new guidance was necessary due to a provision of ERISA that states that the D...
Mar 02, 2021
Government Clarifies End of Benefit Plan Deadlines Due to COVID-19
The public health national emergency has officially been extended by the U.S. Department of Health and Human Services (HHS) through April 20, 2021. HHS must renew public health emergencies every 90 days. The Implication for Group Health Plans ------------------------ UPDAT...
Jan 12, 2021
U.S. Public Health Emergency Officially Extended
Internal Revenue Service (IRS) issued Notice 2020-84 to increase the Patient-Centered Outcomes Research Institute (PCORI) fee amount for plan years ending on or after Oct. 1, 2020, and before Oct. 1, 2021. Under the Affordable Care Act (ACA), health insurers and self-funded health plans ar...
Dec 17, 2020
IRS Increases 2021 PCORI Fee for Health Plans
The Treasury Department and the IRS have determined that a substantial number of employers, insurers, and other providers of minimum essential coverage (MEC) need additional time beyond January 31, 2021, to gather and analyze the information and prepare the 2020 Forms 1095-B and&...
Oct 02, 2020
IRS Extends ACA Deadline to Furnish Forms 1095-B/1095-C to Individuals
Lumity is excited to announce benefits industry veteran Nicholas Beckman has joined Lumity as a Benefits Consultant. Nick will be responsible for defining and implementing the benefits strategy for several of the country's leading technology companies. Nick has experience managing a wide...
Jun 11, 2020
Lumity Welcomes New Benefits Consultant Nicholas Beckman
Remote workforces have become an everyday reality for U.S. businesses. According to Lumity’s organizational design survey, 93% of companies have remote workers. And some companies even operate with 100% remote staff, without a brick-and-mortar office at all. What does it take to have a succ...
Aug 16, 2019
How to Successfully Set Up a Remote Workforce
Trinet. Zenefits. Namely. Gusto. Now Rippling. The all-in-one HR tech space keeps heating up, with a seemingly insatiable appetite for platforms that take care of everything HR—from onboarding and payroll to benefits administration. So when does all-in-one make sense as a company, and who ulti...
May 28, 2019
Top 3 Pitfalls Of All-In-One HR Tech
Employee wellness is a trending topic for good reason. According to workforce sustainability expert, Bob Merberg, a mentally and physically healthy workforce translates to increased productivity. In this fourth and final post in the Beyond Health Habits series, we turn our attention to job...
Mar 14, 2019
How Job Crafting Can Work for Your Business
In the previous post in this 4-part series, workforce sustainability expert Bob Merberg tackled job design and its impact on employee well-being. In this post, we delve into what drives employees and factors that contribute to burnout. Because today's employees are experiencing job burnout...
Mar 02, 2019
What Employers Need to Know About Job Burnout
This infographic shows the current state of financial wellness programs including the biggest barriers, the most popular benefits, opportunities to stand out, and best practices. Employers are also exploring implementing financial wellness benefits to attract and retain talent—such as stude...
Feb 16, 2019
[Infographic] 2019 State of Financial Wellness Benefits
Money worries negatively impact employee productivity, health, and well-being in the workplace. And, according to Bank of America's 2018 Workplace Benefits Report, nearly 2 in 5 employees feel less than financially well. Because of this, employers of all sizes are prioritizing the r...
Feb 13, 2019
5 Keys to a Successful Financial Wellness Program
Where we left off in the 4-part Beyond Health Habits series, workforce sustainability expert Bob Merberg tackled job stress and its impact on employee health. Next up, we address job design and its role in employee well-being. This topic also happens to be our HR community’s highe...
Feb 11, 2019
Job Design: The Missing Link for Employee Well-Being
A company’s health isn’t measured on profit and ROI alone. Employee health also determines how well the business will perform. But traditional wellness programs are falling flat when it comes to alleviating job-induced stressors.A company’s health isn’t measured on profit and...
Jan 30, 2019
Replace Stress Management with Best Management
The Affordable Care Act (ACA) and the future of healthcare will remain a story to watch into 2019. And, in addition to staying apprised of what’s going on at the federal level, HR professionals will need to keep an eye on benefits legislation at the state level. Because states continue to have...
Dec 05, 2018
Employee Benefits Legislative Trends for 2019
3 Things You Need to Know The IRS has extended the due date for employers to provide 2018 health coverage information forms to individuals. Employers have until March 4, 2019. The extension means your employees may not receive Forms 1095-B or 1095-C by the time they are ready to file their 2...
Dec 04, 2018
IRS Extends Deadline to Issue Health Coverage Forms to Employees
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 help employees reduce their current out-of-pocket exp...
Nov 13, 2018
HDHPs have an Ugly Branding Problem
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, employers cited little, or zero visi...
Aug 30, 2018
AMA: Annual Health Plan Renewals
Today, most employers make health plan and benefits decisions blindly. Employees know how much they're spending on health care, but they have little say in deciding which plans a company will offer them. Yet you share a common goal: lowering healthcare costs. If you're like most employe...
Aug 15, 2018
6 Ways Employers Can Cut Costs, Not Benefits
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
Human + Machine: Creating A Modern Benefits Experience
  Happy and healthy employees are found in happy and healthy workplaces. Employees are more productive and gain the confidence to be more innovative—ultimately adding value to not only your bottom line but your internal culture. If you're the type of leader who gains inspirati...
Jul 24, 2018
Workplace Wellness: 5 Companies Getting it Right
It’s death by 1,000 cuts If you go with an all-in-one HR solution or a traditional broker for your company’s health benefits, it’s nearly impossible to get a clear picture of your ROI. Here’s why: With all-in-one solutions/PEO: You’re charged for the platfor...
Jun 04, 2018
PEO or Traditional Broker? Get the Best of Both
Emotional and mental health care has an enormous access problem. Traditional solutions, like EAP, only support about 1-3% of most employee populations, while the rest are left without a pathway to care. To overcome this hurdle, benefits teams at companies like Pinterest are thinking outside of...
May 01, 2018
[On-Demand Webinar] How Pinterest Took Behavioral Health Benefits to the Next Level
San Francisco's Paid Parental Leave Ordinance requires employers to provide up to 6 weeks of supplemental compensation to employees who receive California Paid Family Leave benefits to bond with a new child. Employers with 20 or more employees are covered by the law. PPLO On-Demand Webin...
Apr 28, 2018
SF Paid Parental Leave Ordinance
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.
Apr 27, 2018
[On-Demand Webinar] Ending Renewal Roulette
With rising healthcare costs, Health Savings Accounts (HSAs) are on the uptake. 67% of professionals agree that HSAs are key to a successful healthcare strategy. View the 2018 HSA Survey Insights to benchmark your company. Download the infographic here.  
Mar 15, 2018
[Infographic] 2018 HSA Survey Insights
Let’s face it. Open enrollment is the season of frustration and worry. Employees struggle to determine which plan is best for them, and HR professionals shoulder the burden of making sure they find it. And each season seems to bring a new curve ball, prompting yet another call to your broker o...
Feb 20, 2018
Personalized Benefits Advice for Each Employee
Lumity is pleased to announce our platform integration with Okta, a leading security and identity management service provider. Okta integration syncs identities and devices. The integration delivers single-sign on, secure access to the Lumity healthcare benefits enrollment platform. For our customer...
Feb 15, 2018
Lumity Now Integrates with Okta
Lumity is excited to announce Amit Ahluwalia has joined our executive team as National Employee Benefits Practice Leader. Amit is an industry veteran having built and scaled successful cross-functional teams in the benefits and HR tech space. Amit’s Background Amit began his benefits car...
Feb 07, 2018
Lumity Welcomes National Employee Benefits Practice Leaders
Lumity is excited to announce Suzi Harstrick, a fintech industry veteran, as our Vice President of Client Services. Suzi and her team will be responsible for client-facing accounts and employee-level support. In her career, Suzi has delivered client services for Charles Schwab and E-tra...
Jan 22, 2018
Lumity Welcomes New Head of Client Services
A modern and thoughtfully designed Parental Leave policy sends a strong signal that a company values its employees and is committed to equity and diversity in the workplace. Respondents included companies ranging from 50 to 30,000 employees across industries and states, including Tesla Motors, Elect...
Dec 09, 2017
[Infographic] Parental Leave Benchmarks 2017
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 (HDHP)? If you're moving from an HMO plan t...
Sep 28, 2017
How to Choose Between An HMO and a High-Deductible Health Plan
“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 care. If you are getting a complex procedure like a...
Sep 21, 2017
Out-of-Network Care: What You Need to Know About It
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 company. Policies can extend coverage to unmarried part...
Sep 13, 2017
Domestic partnerships, civil unions, and health insurance: the basics
Investment from DFJ, Social+Capital Partnership and True Ventures caps off banner year that included 800% YOY revenue growth with zero customer churn. August 23, 2017, San Mateo, CA – Lumity, a technology-driven benefits solution for growing companies, today announced $19M in Series B fundi...
Aug 23, 2017
Lumity Raises $19M to Bring Employee Benefits Experience into the Modern Era
How Lumity helped Gametime transition seamlessly off Zenefits, get better benefits and realize savings at the same time. PAIN POINT 100-person Gametime was rapidly adding headcount and looking to move off their current Zenefits HRIS platform. They knew they needed a system that could provide b...
Jul 28, 2017
A seamless transition to better benefits with cost savings
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
[eBook] The Complete Guide to Building Workplace Wellness
Bitly, a 70-person technology company with offices in New York, Denver and San Francisco, was exploring an alternative to their current PEO platform. Knowing the ability to recruit and retain employees was critical to the company’s growth prospects, the company wanted a better employee benefit...
Jun 23, 2017
Lumity People + Platform: Open Enrollment Made Simple
On December 16, 2014, Congress passed the Small Business Efficiency Act (SBEA) and on January 1st of this year it formally took effect. After IRS delays, the law is now in full effect for employers. If you’re an employer this law affects you if you’re partnered with or considering a Prof...
Jun 09, 2017
UPDATE: New Law Eases PEO Migrations
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 top talent and to improve the lives of their empl...
Jun 02, 2017
[eBook] Employee Benefits Benchmarks 2017
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 insights that have informed our approach to building...
Jun 01, 2017
[eBook] Six Steps to Modern Benefits
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 individual level when his wife came down with an illne...
May 31, 2017
What a modern (data-driven) employee enrollment looks like
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 difference is we can do something about it. We can build...
May 04, 2017
Service + Software: A Modern Employee Benefits Experience
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 confirm that your life event qualifies. Here is a lis...
Mar 27, 2017
Qualifying Event Documentation
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 workforce can more than justify the effort. While he...
Dec 01, 2016
Workplace Wellness: Workplace Ergonomics & the Prevention of Injury
Workplace Wellness: The importance of Workplace Ergonomics in the Prevention of Injury Implementing workplace wellness programs can be a fairly significant task.  However, as covered in the last two blogs, the benefits of a healthy workforce can more than justify the outlay. While healthy wo...
Oct 11, 2016
Workplace Wellness: The Importance of Workplace Ergonomics in the Prevention of Injury
Do you view FMLA leave after the birth of a child as a privilege exclusive to the mother? Perhaps you view a father’s paternity leave as an afterthought- a secondary concern that should cause as little disruption to your company as possible. In reality- when it comes to FMLA and paternity l...
Oct 11, 2016
FMLA Leave: Dads matter too!
One of the most problematic areas for you when it comes to determining an employee’s FMLA leave eligibility are hours of service.  It's important to note that the burden of proving that an employee has not met the hours of service lies with you.  This is even the case if you are...
Jun 08, 2016
Do You Know How to Count FMLA Eligibility Hours?
A good starting point when it comes to the Family and Medical Leave Act (FMLA) is determining whether or not you are a “covered” employer.  A covered employer is typically a business with more than 50 staff members.  This applies to private sector employers, public agencie...
Jun 06, 2016
Are you an FMLA Covered Employer?
Keeping lines of communication open and your supervisors educated is critical when employees request any leave- especially since they don’t need to specifically request FMLA leave in order to be entitled to it. Whether an employee requests FMLA leave or whether their request turns ou...
Jun 06, 2016
How to Fail at FMLA
On December 16, 2014, Congress passed the Small Business Efficiency Act (SBEA) and on January 1 of this year it formally took effect. Delays by the IRS have halted the new law but employers across the nation are expecting to see implementation just around the corner on July 1. If you'r...
May 31, 2016
Are You Ready for the New PEO Law?
The Family and Medical Leave Act (FMLA) should demand your serious consideration as an eligible employer.  With lawsuits on the rise and requirements as stringent as ever it is an area of employment law you should know inside out.  Whether you're an owner, HR professional or manager, a...
May 25, 2016
Lumity Spotlight Series: Family & Medical Leave Act
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 design changes aren't to be...
May 16, 2016
Benefits Modeling: How to Speed-Date Plan Design
As the saying goes, there's strength in numbers. Getting employees to enroll in your company health plan has never been more important. Many insurers require a large percentage of eligible employees participate in your company-sponsored health plan to lock in the best rates. This is known as the...
May 11, 2016
Save Money By Increasing Company Health Plan Participation
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 one of those HR professionals reluctantly preparing...
May 10, 2016
Bringing Open Enrollment into the 21st century
If implemented correctly, wellness programs clearly provide excellent benefits to all employees.  Lifestyle management incentives can positively impact a workers physical and mental health- leading to increased productivity and decreased sick days. Changing the culture of your company to better...
May 09, 2016
Wellness Programs: The Truth about ROI
Health care costs are at an all time high.  As premiums and employee medical claims continue to rise you may be considering an alternative to traditional health insurance plans. Many employers are turning to consumer driven health plans to soften the blow of bloated health care costs. These pla...
May 09, 2016
Consumer Driven Health Plans: Know your Options
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. More than 90% of people with a substance problem...
May 05, 2016
Workplace Wellness: Preventing Substance Abuse
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 singular mass of negative energy. According to a st...
May 04, 2016
Workplace Wellness: Managing and Alleviating Stress in the Workplace
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 when employees can make changes to their bene...
May 02, 2016
Open Enrollment Education: Be Proactive
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. The days where no amount of caffeine can lift us...
Apr 27, 2016
Workplace Wellness: Combat Fatigue in the Workplace
Benefits of Workplace Exercise: Spotlight on Japan 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. Exercise is one of life’s miracle cures, however as more people adopt a sedentary li...
Apr 20, 2016
Workplace Wellness: Benefits of Exercise in the Workplace
By now, you know the basics of beginning a wellness program and have an understanding of the methods available to gather employee information. After you have assessed your needs and available resources it’s time to decide the type of program that best suits your organization.  Workplace w...
Apr 19, 2016
Workplace Wellness: Program Categories
As mentioned in our previous blog, finding out the health status and interests of your employees is paramount to the success of your wellness program.  Choosing the right way to gather information could be a huge factor in how suitable your program is for your employees and your internal c...
Apr 19, 2016
Workplace Wellness: Gathering Employee Information
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 improvement, combating diseases and elevating mood and ene...
Apr 15, 2016
Workplace Wellness:  Exercise Initiatives
Implementing a wellness program in the workplace could be one of the most prudent decisions you ever make as an employer.  There are several obvious benefits as a healthy team is more motivated to stay at work, recovers from sickness quicker and has less risk of long term illness. &nb...
Apr 12, 2016
Intro to Workplace Wellness: Getting it Right
New workplace laws have come into effect that could prove expensive if ignored. Failing to comply with the new laws could earn you civil fines and criminal penalties, not to mention irreversible damage to your company's reputation. Take these five insights into consideration if you want to stay...
Apr 07, 2016
New Workplace Laws Require your Attention
Today, we're proud to announce the launch of our real-time Health Plan Analytics. We're empowering HR with the insights to assess health plan usage throughout the year, including employer-provided HSAs and FSAs, and enabling them to drive employee engagement throughout the...
Apr 05, 2016
Data-Driven Benefits: New Health Plan Analytics
When it comes to compliance with the employer mandate of the Affordable Care Act (ACA), you are responsible for ensuring that you not only provide coverage to your full-time employees if you're an applicable large employer, but also that your plans are affordable and provide minimum value. Be...
Mar 21, 2016
Spotlight Series: Affordable, Minimum Value Health Plans
If you are an employer with 50 or more workers, you’re probably aware of the Family and Medical Leave Act (FMLA). You might be fairly confident that your practices and procedures comply with current federal laws and regulations; or perhaps it’s an area of compliance that has slipped...
Mar 17, 2016
Random FMLA Audits Loom: Prepare Yourself
You can find the original post on Linkedin The news is out and everyone is now reacting to the departure of Parker Conrad, former CEO of Zenefits. For such a high-flying company, literally one of the fastest growing enterprise SaaS companies in history, they finally ran afoul of regulators and...
Feb 09, 2016
Zenefits Has Its Icarus Moment
Health Savings Accounts (HSA) can help offset the costs of your employees’ medical care when they are enrolled in a High Deductible Health Plan (HDHP). Many employers find that the premium savings with HDHPs can be used to encourage their people to choose HDHP’s by contributing some...
Jan 18, 2016
The Legal Side of Employee Health Savings Accounts
There are many benefits of Health Savings Accounts (HSA) for people who find that High Deductible Health Plans are a good choice for their coverage needs. One of those benefits is the ability to pay yourself back on medical expenses from the money you contribute. This provides what is essentially a...
Jan 12, 2016
Health Savings Account Reimbursement Confusion
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 more than the maximums for a variety of reasons. Wh...
Jan 11, 2016
Spotlight Series: How to Fix Excess Health Savings Account Contributions
Hopefully our Spotlight Series on Health Savings Accounts(HSA) has provided you the information necessary to understand what these accounts are and how they work. But you might be wondering why this information matters in the first place. Short answer - your people want HSAs. Now take that wit...
Jan 05, 2016
Lumity's Take: Why Your People Still Want Health Savings Accounts
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 beyond. In order to remain compliant with maximu...
Jan 04, 2016
Spotlight Series: Year-End Health Savings Account Eligibility And Tax Season
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’re ready to spend the year relaxing because you m...
Dec 22, 2015
Spotlight Series: Avoiding the Pitfalls of Health Savings Accounts
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, they are benefiting from our fear-based “wh...
Dec 15, 2015
Spotlight Series: Health Savings Accounts and the Inherent Gamble of Health Insurance
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 High Deductible Health Plans (HDHPs) - but also b...
Dec 08, 2015
Spotlight Series: A Health Savings Account Rundown
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 costs for services you agree to pay when a clai...
Dec 04, 2015
A Glossary of Health Care Terms
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 to frustration and just selecting one of two plans...
Dec 02, 2015
Data Demystifying Open Enrollment
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 for more businesses (depending on state) ...
Nov 02, 2015
Level (partial-self) funding: A data-driven path to self insurance
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 businesses in particular are in the eye of the sto...
Oct 26, 2015
Spotlight Series: ACA Community Rating - How Data Can Help You Navigate Rate Shocks
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 our solution can help. At Lumity, we’re all...
Oct 19, 2015
Spotlight Series: The Employer Mandate 2015
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 happy to announce that three funding partners have ech...
Sep 16, 2015
Lumity Receives $14M in Series A Led By The Social+Capital Partnership
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 a general feeling of helplessness, with many empl...
Sep 03, 2015
Democratizing Health Insurance for the 99%