Artificial intelligence (AI) and blockchain technology are being leveraged by Healspan, an insurance-technology startup in India, to automate insurance claims, improve accuracy, and prevent fraud. Healspan aims to streamline cashless insurance claims and ensure a seamless patient experience. The company's platform utilizes AI and machine learning models for fast-track claim processing and blockchain to prevent fraudulent activities. By focusing on improving patient experiences, simplifying insurance desk operations, and empowering hospital management, Healspan aims to contribute to the Indian health insurance ecosystem and make a positive impact [d2e038af].
Healspan is motivated by India's vision of becoming a developed nation by 2047 and aims to achieve 100% health insurance adoption by that year. The company collaborates with traditional insurance companies and industry stakeholders to drive the adoption of the latest technology trends. It also works closely with regulators to ensure regulatory compliance. Healspan's real-world use cases include a WhatsApp claim notification feature that has received positive reviews. To address scalability concerns, the company works with AWS and leverages SaaS solutions. Future developments for Healspan include exploring insurance markets globally and focusing on the India health stack [d2e038af].