What's the difference between a Magic 8 Ball and a Compass?

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Answer: A Magic 8 Ball will give you answers at random, but a compass gives you data and direction.

Are you one of the 86% of benefits leaders who wants to use their benefits data to guide their strategy? Connect with us to see how Artemis can help you make great benefits decisions.

Many of us make decisions using the “Magic 8 Ball” method:

Step 1:
Ask a question.
Step 2:
Shake for an answer.
Step 3:
Shake again if you don't like the answer.
Step 4:
Take action.

When it comes to employee benefits, this system just won't work. The stakes are too high to try a new wellness program or provider network, go through the trouble of implementing it, watch it fail, then try another.

When employee health, engagement and satisfaction are on the line, you need something better than a Magic 8 Ball.

You need the compass, a trusted tool for finding direction. Making a decision with a compass is a safe bet:

Step 1:
Calibrate the compass to line up with your map.
Step 2:
Rotate until you're pointed in the right direction. Note your heading.
Step 3:
Follow the arrow and take occasional readings to make sure you're on track.
Step 4:
Arrive at your destination.

Now that’s a better strategy for employee benefits. Calibrate by using your unique benefits data, and compare against clear benchmarks. Find insights to point you in the right direction. And stay on track with frequent measurements and re-calibrations as needed until you reach benefits success.

So which tool would you choose for making benefits decisions: the Magic 8 Ball or the compass? At Artemis Health, we’re betting on the compass. Our tools and services give our customers the data they need to find the right direction, measure their progress, and make data-driven decisions.

Let's look at an example:

Let's look at an example:

Company A, National Logistics Firm

The question: How can we reduce our prescription spending while still helping employees get the medication they need?
The answer: We calculated inefficient prescription spending using the customer’s prescriptions claims data plus our proprietary data models. We found that 23 members were taking a patented drug for diabetes that cost the company over $100,000 a year. An identical generic drug costs just $310 a year.  
The action: A simple formulary adjustment means that this company can save nearly $100,000 each year without sacrificing employee health or happiness.

Request a live demo to see how Artemis can help you make great benefits decisions .

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