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Subject: Survey

Artemis Health Survey: Companies Struggle to Stay Ahead of the Curve in Benefits Design


Just 18 percent of benefits leaders at companies nationwide believe their benefits programs are ahead of the curve?and 19 percent fear their organization is falling behind industry standards in benefits design, an Artemis Health survey shows.

Artemis Health surveyed 300 human resources and benefits leaders from U.S. companies with 5,000 or more employees to determine the needs of benefits leaders at a time when group plans are becoming more complex and employee expectations are rising.

Key findings from the survey include:

"To design and deliver best-in-class healthcare programs, benefits leaders need to harness the power of technology-based healthcare analytics tools. This will enable the benefits team to have deeper insights into how their benefits programs are performing and help them confidently set the strategy for future changes," says benefits industry expert Hassan Azar.

In an era of increased complexity, competition, and changing expectations, the ability to harness data quickly?from multiple sources?is a competitive differentiator.

"At GE Appliances, one of our biggest areas of focus is the use of data to examine provider quality and efficiency," says Diana Han, MD, executive director, Global Healthcare for GE Appliances, a Haier company. "By analyzing the data, we've found that our onsite primary care providers perform better in lowering hypertension and adhering to evidence-based guidelines for diabetes than community care providers. We're also using quality data to determine which providers to partner with in creating bundled payment programs, such as for maternity care and substance use disorder. These strategies are critical not only for moving away from fee-for-service payment, but also to improving health outcomes for employees and their families."

In fact, 79 percent of benefits leaders say their ability to provide data-driven benefits insight is essential to demonstrating their value to the C-suite.

"We talk to benefits leaders who get stopped in the hallway by a CFO and asked about healthcare costs or enrollment numbers. Benefits analytics is the key to feeling confident in these conversations and building better benefits programs for their organizations and their employees," says Grant Gordon, CEO and co-founder of Artemis Health.

For more information, see the full report, or download the on-demand, free webinar, "Speed, Access, and Partnership: What Enterprise Benefits Leaders Want and How Brokers and Consultants Can Help."

About Artemis Health

Artemis Health strives to help fix healthcare in America by making it easy for self-insured employers to use their own benefits data to offer better health benefits for fewer dollars for their employees. Artemis Health believes everyone should have good healthcare they can afford. Learn more about Artemis Health's benefits data analytics solutions and services at artemishealth.com.



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