Health insurance carriers are currently in a dilemma, whether to purchase an analytics platform, assemble a platform and then use it. Lack of proper infrastructure is a big hindrance for analytics in healthcare system, dominated by paper-based transactions and the dearth of their electronic imprints. Since health contracts are based on the payment of money, depending upon the health status of patients, health insurers have an incentive to build an analytics platform. Currently, the healthcare insurance companies, who are willing to purchase analytics platforms, have limited options to choose from. While options are being worked upon, healthcare insurance lags behind property and casualty carriers, who are not restricted by intricate security measures and government hindrance. Read more at :
http://www.insurancetech.com/2015-outlook-analytics-in-health-insurance/d/d-id/1318241?
Sigmaway consultants have worked with clients in benefits solutions workspace providing analytics on healthcare plans. For more details visit