Benefits teams (and many healthcare consumers) know the dangers of out-of-network spending. We’ll explore the handy network utilization dashboard that can help you get insight into member behaviors.
4 Items to Watch on your Formulary
One of Artemis Health’s most important goals is to help benefits administrators better understand their pharmacy benefits. As the Chief Clinical Officer at Artemis Health, I help benefits teams get a sense for how best to work with their Pharmacy Benefit Manager, how to identify opportunities to eliminate waste, and how to work with data to tell effective stories about pharmacy spend.
Name Your Biggest Challenge
We’ve spoken to many benefits administrators over the years, and we hear about all the pain points, big or small, in your profession. Names have been redacted to protect your identities, but here’s what you cite as your biggest challenges.
New FDA Approved Drugs May Affect Your Rx Spend
New medications approved by the FDA can lead to financial impacts for your benefits spend. Accessing your medical and Rx claims data can help – if you know ahead of time what new drugs are hitting the market, you can work with your PBM to save costs.
How to Keep Employees at the Center of your Benefits Strategy
Fundamentally, all of your work comes down to helping the people in your organization do their best work. Because this is about the people that make your company unique, we have some suggestions for keeping employees at the center of your benefits strategy.
The Growing Power of HR Data
People are your most valuable asset, but it’s hard to measure happiness, satisfaction and culture. So instead, you measure what you can: health and wellness, engagement with benefit programs, retention, and more.