Big Data: The (F1) Button For Medical Insurers -

Big Data: The (F1) Button For Medical Insurers –

Big Data: The (F1) Button For Medical Insurers –

The synchronized emergence and merge of electronic medical records (EMRs) and data science led to the evolution of other sciences that started to re-shape the healthcare research. Precision medicine, predictive analytics, evidence based medicine (EBM) were all results of this synergetic merge. Accordingly, the emergence of those new sciences led to re-shaping the policies of the healthcare insurance and medical industry.

Big data could be of great benifit to medical insurance companies and insurers thorugh tracking and monitoring the employees. Even the public sectors can make use of the big data concepts.

Companies started to hire special firms who can predict (through big data analytics) sickness possibilities of the employees or the possibility of their pregnancy. Those firms provide employers with such reports after analysing employees medical claims, prescription drugs they use, search queries, and birth-control forms.

Such monitoring and tracking can help in the employees Health needs prediction, sickness suscpetibility, possible absentism from work.

Read Also:
How sports teams are using big data to increase ROI

Tracking and monitoring process can lead to not only sickness prediction but also to choosing the best treatment plans or prophylactic measures.

In addition, it can support claims denials/approvals.

Untill now there is no rules governing such data manipulation (employees tracking process). There is no control over firms who gather such type of data about the employees’ Health or what they can do with it. Such analyzed data can not be covered by HIPAA, especially if they are not including employees’ names.

New technological methodolgies facilitated the “anonymization” or “de-identification” of EMRs and so could comply with HIPAA standards.

There is a great debate about the use of the risk factors (age, sex, social status, family history, … etc.) in estimating the prices of healthcare services.

 



Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
Data Analytics: How Your New Career is Changing Everything
Read Also:
DataSift and LinkedIn: A new angle for social media analytics

AI Paris

6
Jun
2017
AI Paris

20% off with code AIP17-7WDATA-20

Read Also:
Data Analytics: How Your New Career is Changing Everything

Chief Data Officer Summit San Francisco

7
Jun
2017
Chief Data Officer Summit San Francisco

$200 off with code DATA200

Read Also:
Data Analytics: How Your New Career is Changing Everything

Customer Analytics Innovation Summit Chicago

7
Jun
2017
Customer Analytics Innovation Summit Chicago

$200 off with code DATA200

Read Also:
Open Source: Is it Right for Your Database?

HR & Workforce Analytics Innovation Summit 2017 London

12
Jun
2017
HR & Workforce Analytics Innovation Summit 2017 London

$200 off with code DATA200

Read Also:
The Three Kinds Of Data Science Project Exams That Show Up In A Data Science Interview

Leave a Reply

Your email address will not be published. Required fields are marked *