The inroads in modern medicine, people living longer and the outburst of healthtechs, healthcare is growing and changing super fast! And big non-insurance names including Amazon, Microsoft and Google have seriously moved into the healthcare foray and medicine with deeptech, and reputations are taking centre stage. How can the insurance industry take a pole position in this consumer driven competitive marketplace where the tech brands have an edge?
What is the real role of insurers in the healthspace? Given the runaway medical inflation and whole gamut of healthcare including aesthetic surgery services demanded, demand for insurance is rising. But this comes with a real challenge for stricter underwriting even as there are tremendous tech-apps and AI and Analytics available to customise products and predict behaviour patterns.
With M&A’s in vogue, there is push for scale to reach more patients, manage health populations more cost effectively for healthcare providers.Personalized medicine using predictive analytics and genomics are also becoming increasingly important for specific treatment protocols to be developed for specific patients including also value-based healthcare based on quality rather than quantity.
The Asia Healthcare Insurance Conference 2019 will look at the revolution in healthcare and highlight the niche roles for insurers in promoting healthy living as part of the insurance process in cost containment, sustainability and staying relevant. The Conference will explore the diverse possibilities in healthcare and most importantly, to develop a systematic approach to revolutionize technologies in the various sectors of the healthcare ecosystem with governments, insurers, reinsurers, brokers, providers, pharmas, TPAs and innovators.
The two-day conference will discuss the megatrends shaping the health insurance industry; healthcare reforms in a new economy with changing nature of workforce in the mobile era; developing a superior claims management and underwriting system; health data collection, protection, and privacy issues; and the immense opportunities of using AI, IoT, blockchain, deeptech and healthtech to accelerate strategies and synergies for growth.
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