The companies that manage Iowa's Medicaid program are receiving an 8.6 percent increase in state and federal dollars for next year, according to new contracts signed by the state.
Not only are more Auto insurance claims being filed to insurers, but claim costs are becoming more expensive.
Interactive tools, such as gaming, can make payer products more attractive to consumers and motivate customers to adopt healthy habits.
The growing use of HDHPs and CDHPs is further pushing employee engagement in making better healthcare decisions, with an additional increase in wellness program awareness and participation.
Have you turned to managed care organizations (MCOs) to reduce Medicaid costs and improve patient care? If so, you probably know how difficult it is to know for sure whether your MCOs are doing all…
It's human nature to be attracted to people, yet technology drives so many interactions with companies. How do we bridge this dichotomy?
In fact 55 per cent of consumers also believe insurers will always try and wriggle out of insurance claims, fuelling their resentment of the industry.
Just like financial institutions, insurers are no strangers to leveraging advanced technologies in various aspects of the business. Some of the practical applications of machine learning in the insurance industry include managing broker business, optimizing direct marketing, understanding quote conversion, computing...
As wildfires get costlier and deadlier, insurers and utilities pay the price.
Insurance carriers today are struggling to keep up with the rising cost of third party auto claims. While there are multiple factors driving up costs, ther
With the right data, the insurance business can drive strategic decisions, amend pricing approaches, and ensure more predictive financial performance.
Rescission – the Equitable Remedy Since the first insurance policy was scratched on a clay tablet and, in modern times, at least since the Eighteenth Century, insurance has been considered a busine…
If your insurer denies a claim, you have two options for appeal: internally with the insurance company and externally with the government.
Thousands of used cars are being advertised as never having been written off when the opposite is true, due to inconsistencies within insurance databases
An insurance policy is a contract. The customer pays a premium, and in exchange, the insurance company provides coverage that’s spelled out in detail in a written agreement. That’s how
Insurance is a Service Business Every insurance claim requires that the representatives of the insurer deal fairly and in good faith with the insured. To do so each insurance claims person needs to…
Digital product launches are a moment-in-time opportunity to prove to customers that you can weather transition.