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.
While one partnership aiming to apply AI to home insurance claims adjustment fell short of creating the capability, factors such as workforce management and the difficulty of making AI adjusters also restrain the possibility.
A look at insurer innovations and strategies
State senator Roland Gutierrez points to National Weather Service cuts, and denial of mitigation project funding. Former FEMA administrator says cuts will worsen disaster impact on smaller communities.
The insurtech's core mission is to use technology to deliver comprehensive digital legal documents and attorney support at an affordable price point.
It's a critical time for insurers to assess technology investments and infrastructure
Bars and restaurants are still catching up on how to serve these products safely and compliantly.
