Últimas noticias: ¿Qué impacto tendrá el Covid-19 en el fraude al seguro? ¡Descarga la edición especial de Fraud Insight en Español!

Shift Technology Analyzes Fraud, Waste, and Abuse Trends Impacting the Global Health Insurance Industry

BOSTON and PARIS – November 25, 2020 – Shift Technology, a provider of AI-native fraud detection and claims automation solutions for the global insurance industry today published its latest analysis of the fraud trends being faced across the insurance industry. In Shift Technology Fraud Insights Vol. 2: November 2020, the company focuses in on the schemes driving Fraud, Waste, and Abuse (FWA) which impact health payers around the world.

Industry estimates put the global impact of FWA on insurers and payers at more than $600 billion (500 Billion Euro) per year. Being able to effectively reduce these costs provides significant new opportunities to focus premiums on delivering impactful care, benefiting members and payers alike. For its latest report, Shift closely examines abusive activities perpetrated by unscrupulous opticians, which during the COVID-19 lockdown in France generated more than 300,000 Euro worth of potentially fraudulent claims. Further, the report explores network provider fraud schemes, issues associated with “medical tourism” and other challenges in international health insurance for travelers and expatriates, and fraud associated with underwriting and renewal. Shift also highlights how new approaches to subrogation detection can better identify those opportunities and inform decisions about coordination of benefits.

To download Shift Technology Fraud Insights Vol. 2: November 2020, or to access earlier editions, please visit: https://home.shift-technology.com/ai/fraud-insights-v2/fraud-insights-vol-2-subscribe-en/

About Shift Technology
Shift Technology delivers the only AI-native fraud detection and claims automation solutions built specifically for the global insurance industry. Our SaaS solutions identify individual and network fraud with double the accuracy of competing offerings, and provide contextual guidance to help insurers achieve faster, more accurate claim resolutions. Shift has analyzed hundreds of millions of claims to date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award. For more information please visit www.shift-technology.com.

###

Contacts:
Rob Morton
Corporate Communications
Shift Technology
+1.617.416.9216
rob.morton@shift-technology.com

Shift Perspectives

Shift Technology Automates and Optimizes Decision Making Across the Policy Lifecycle

enero 27, 2021

Read more

Shift Insurance Suite Now Applies Artificial Intelligence Across Policy Lifecycle Processes

enero 27, 2021

Read more

Génération Fights Against Fraud and Simplifies Health Management with Shift Technology

enero 6, 2021

Read more

Descubra cómo Shift puede ayudarlo a transformar la toma de decisiones sobre seguros

Suscríbase para recibir noticias e información actualizada de Shift Technology.

  • Este campo es un campo de validación y debe quedar sin cambios.
twitter linkedin instagram arrow-down arrow-left arrow-right close-icon search-icon checkmark-icon