Healthcare insurance is in desperate need of reform, the current “one-fits-all“-Diagnosed-Related-Groups (DRG)
reimbursement codes aren’t cost effective, and with modern AI technologies healthcare insurance has the potential to offer something much more personalized. With populations growing and aging, the potential upside for smarter health insurance is massive. The global market for health and medical insurance reached $1.1 trillion in 2016 and the market is estimated to reach $1.6 trillion in 2020, Massive Analytic Limited (MAL) believes that by embracing smarter AI driven approaches to insurance this can grow even faster.