[New report] Delivering Dynamic Health Insurance Experiences

Loading

As health insurance customers become frustrated by rising costs and lack of transparency and convenience, they increasingly demand the same elevated level of customer experience offered by other industries. Accordingly, health insurance companies are optimizing user experiences with cutting-edge technologies: AI is being employed at various stages of the customer journey, from pricing the premiums to offering personalized recommendations. Meanwhile, blockchain is leveraged to reduce risk and create frictionless transactions. Further, insurers are responding to consumers’ demand for control by putting the power back into consumers’ hands with the ability to choose their own benefits and access to their own data. This research paper outlines emerging trends and creative approaches health insurers are leveraging to stand out from the competition.

This 12-page report includes:

  • 9 trends demonstrating how health insurance companies are leveraging technology and innovation to deliver exceptional customer service
  • 31 trend-supporting exemplary case studies
  • Industry stats and insights to support further research

Related CX Insights

Health Health Connect 360 helps provide personalized healthcare service and encourage proactive measures

Health insurance company Cigna launched Health Connect 360, a service that delivers personalized recommendations and prevents patients with chronic diseases from skipping medication in order to proactively prevent complications. The service integrates data from a combination of sources, digital devices, and AI-enabled analytical tools to allow pharmacists to get a better view of the patients’ biometric data in conjunction with their medication and quickly check in with them.

Shopper Education & Assistance Startup Huckleberry streamlines the insurance management process with an AI-enabled platform

Startup Huckleberry digitizes and simplifies the complex process of purchasing and managing commercial insurance for small businesses via a user-friendly platform and AI-enabled matching feature. Replacing the traditional time-consuming insurance phone calls with an online portal, Huckleberry allows users to quickly fill a five-minute form, receive instant quotes, and seamlessly purchase desired plans. To ensure it meets all the needs required by a small enterprise, Huckleberry is built to work with a variety of coverage verticals from healthcare to beauty.

Wellness Walmart’s ‘Featured Providers’ program uses AI to match employees with the right healthcare practitioners

Big box retailer Walmart partnered with healthcare data analytics company Embold Health to launch Featured Providers, a benefits initiative that connects their employees with insurance plans and local doctors. Embold Health uses artificial intelligence to comb through data from public and private insurance and gathers a list of best providers, ensuring the optimal cost effectiveness and patient outcomes. Employees who choose a provider outside of the recommended list are required to pay more.

Fashion & Apparel Goodwill and Entrupy weed out counterfeit handbags with AI-enabled authentication

Nonprofit Goodwill uses AI from an authentication service called Entrupy to weed out counterfeit high-end handbags for sale on its ecommerce platform, shopgoodwill.com. Goodwill employees use a modified iPod Touch equipped with a special lens in order to take closeup shots of an item, using an algorithm to analyze attributes like the stitching, lining and logo in order to determine its authenticity.

Shopper Marketing & Promotion Streamlist connects buyers and sellers in real-time via live-streamed chat

Streamlist is a live-streamed fashion marketplace that allows buyers and sellers to connect in real time. Using the Streamlist app, sellers can launch a livestream video to showcase an item and chat with potential buyers, answering any questions they may have about the item in real time before they make a purchase. Each live-streamed video contains a list of all of the items for sale, so buyers can click on a desired product to purchase instantly.

Food & Beverage VibePay makes it easy to put on social events and share cost with friends and family

London-based VibePay is a social P2P payment platform that enables users to organize social events, such as concert tickets or group dinners, and then request payments from a group of friends and family via the mobile app to easily get reimbursed for the costs of those events. Event organizers can create different friend groups for each event, tracking who has paid and sending reminders to those who haven’t sent payments yet.

Read More