The healthcare industry is rapidly adopting artificial intelligence (AI) to improve patient outcomes, lower costs, and make processes more efficient. One area that stands to benefit tremendously from AI is health insurance. From accelerating claims processing to detecting fraud, AI has the potential to transform health insurance plans.
Rising Medical Inflation and the Impact on Health Insurance Premiums
We all know that medical inflation is on the rise in a country like India. As it increases, several insurance companies are now required to pay more money for health treatments. But it’s not the insurance companies who suffer but the policyholders who invest in these plans. Note that higher cost leads to an increased amount of insurance premi