Despite claims processing being at the heart of the what insurers do, there is no standard format, legacy systems abound and some claims still arrive by mail. Yet, up to to 80 percent of all premiums ...
The growth of the Claims Processing Software Market is primarily driven by the rapid digital transformation across the insurance and healthcare sectors. Increasing claim volumes, rising fraud risks, ...
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Many insurance companies are moving quickly to incorporate advanced forms of AI into their processes. Last year, 90% reported they were evaluating whether and how to utilize generative AI, and more ...
Against a backdrop of widespread premium increases, high deductibles and rising out-of-pocket expenses, property insurers in ...
Blue Shield of California and Google Cloud are joining forces to digitize and simplify the healthcare billing and payment process. Together, the companies will create a real-time claims processing ...
Insurers are resolving claims faster, but some homeowners still say their policy falls short.
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Doctors have increased the amount of electronic claims they submit by almost 50 percent in the last 10 years. In 2002, only 44 percent of claims were filed electronically; in 2011, 94 percent of the ...
Starting January 1, 2026, California Assembly Bill 3275 (AB 3275) will go into effect, introducing shorter claim reimbursement timelines for health care service plans and health insurers operating in ...