We have compared three years of daily CaII K-line images from the Big Bear Solar Observatory (BBSO) with HI Lymanα irradiance data from the Upper Atmosphere Research Satellite (UARS). The daily full-disk CaII K-line images are reduced to a new index of integrated excess emission, which reproduces both the 27 day rotational modulation and the solar cycle decrease in Lyα irradiance. Our analysis shows that while plages reproduce the 27-day variation quite well, the total K-line emission excess above the quiet background is needed to reproduce the secular solar cycle trend in the Lyα irradiance. The resulting K-line index exhibits a high degree of correlation (0.9) with the time series of measured Lyα flux