Predictive Artificial Intelligence (AI) can personalise experience for health insurance consumers. By using this data and social profile of customers, insurance companies have new opportunities to underwrite customers differently. This can help customers live healthier lives and also help health insurers save money. Hospital claims managementThe long turnaround time for settling insurance claims is one of the biggest challenges in the health insurance sector today. Health insurance players can also use predictive intelligence algorithm to develop personalised outreach mechanism for consumers, across marketing channels.

Source: dna December 18, 2018 01:07 UTC