Benefitfocus’ technology, which follows the Software-as-a-Service (SaaS) model, is designed for CFOs, benefit administrators, human resource managers and their consultants. The program is designed to predict increases in claims and pharmacy expenses, audit for fraud, and allow users to pare down plans from the overall health plan level to the individual member explanation of benefits (EOB) level.
Rob Evans, director of Claim Process Technology at Broadspire shares about data analytics and artificial intelligence.
A report by Weiss Ratings, based on state regulators' data, finds insurers more aggressively denied claims under the law, and claimants responded with more lawsuits.
In the wake of major losses like wildfires or hurricanes, parametric insurance can expedite payments for faster policyholder recovery.
Insights from Verisk and the APCIA reveal underwriting profitability despite high first quarter losses.
Sandy Ball, chief people officer at Aspida, spoke with Digital Insurance about hiring and retention.
Larger states are more likely to have funds for prevention of natural disasters and responses to these events, says Chip Merlin, an attorney who represented Hurricane Katrina survivors.
