New Health Insurance Technological Innovations: Making Claims Processing and Data Handling More Efficiently

Health insurance technology has been influential and transformative in the ways claim handling and data administration processes are designed. Just as the pressure for increased efficiency and reduced costs continues to rise, new technologies such as blockchain, AI, ML, and RPA have optimized workflows and enhanced data security measures. The paper identifies some of the most important trends in health insurance that will implicate areas of effectiveness and what barriers need to be overcome for successful implementation.