The turbulent economy is putting a myriad of challenges before health insurers, including member attrition, cost containment data transparency and security and more. In particular, health insurers are focused on accelerating claims settlements, fighting fraud, improving underwriting, and managing claims litigation.
As a result, there may be significant opportunities for insurance claims vendors—especially those in Europe—in this space, particularly those that can provide a cost-benefit paradigm to users by offering optimal technology, quality and customer value. Such are the findings in a report from Frost & Sullivan, European Market for Insurance Claims Management in Healthcare, which finds that multi-million dollar opportunities are emerging for a broad range of services.
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