AI For Operations
AI helps in areas like cost management and claims processing
In healthcare, cost management is a key issue for the industry as well as for society. AI is able to help by analyzing healthcare options and costs for different groups of patients based on their health characteristics.
This allows healthcare providers to operate more efficiently and patients to receive the most suitable healthcare services.
In insurance, AI is being used to enhance claims processing. By learning from patterns of claims over time, AI is able to help claims officers flag potential fraud cases as well as make claims adjustments better.
This helps insurance companies avoid outsized claims and improve operational efficiency.