Want to make: Artifacts item which lets you escape death

I want to make an item which I will sell to players on my server which will automatically active when they hit one half heart (or so) to 1) teleport them to spawn, 2) heal them from any status ailments, 3) make them not burn, 4) restore all their health, and 5) take all their experience levels away (so there can be some balancing penalty).

Is this something I can make using Artifacts? Or am I better off developing a plugin to do this?

EDIT: I suppose this would be cool as armor, with...

Want to make: Artifacts item which lets you escape death