A former Michigan pharmacist and his brother were sentenced to eight and five years in federal prisonfor orchestrating a years-long health care and wire fraud scheme that defrauded Medicare, Medicaid and Blue Cross Blue Shield of Michigan of more than $15 million. Prosecutors said Raad Kouza, 59, and Ramis Kouza, 46, systematically billed insurers for…
The insurance industry is facing a shortage of personnel. Professionals known as underwriters are retiring, fewer and fewer young professionals are joining the business, and companies are trying to fill the gap with workflow management tools. At the same time, the volume of applications is growing. The gap between the industry’s needs and its capacity to…
The rapid integration of AI systems into everyday business operations has left many insurers wondering: Who pays when an AI makes a mistake? The post Insurers Scale Back AI Coverage Amid Fears of Billion-Dollar Claims appeared first on TechRepublic.
General Medicine co-founder TJ Parker spoke with Fierce Healthcare about how the startup's approach is different than the first wave of DTC digital health companies and how it's bridging primary care and specialty care.
Insurance companies are ramping up the use of AI to support business growth. (AI-generated image)
State insurance regulators are about to receive a new AI evaluation tool to help them better understand how insurance companies are utilizing artificial intelligence.
Annuities, at times, has had a reputation as a complex, difficult product for advisors to sell. Can AI break remove that barrier? (AI-generated image)
Annuities, at times, has had a reputation as a complex, difficult product for advisors to sell. Can AI break that barrier down?
One of the ways agents use AI is to generate leads. By focusing on pre-qualified, high-intent prospects,, agents can grow their client base. (AI-generated image)