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Making the Invisible, Visible: The True Path to Technology driven Operational Efficiency in Health Insurance Claims Processing

THE INSURANCE TIMES

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October 2025

The need for a human-in-the-loop to validate and remediate digitization is critical. It serves as a great way to validate data and ensure quality for upstream applications to consume. Without human involvement, we risk the authenticity of the data and thus reduced trust.

Making the Invisible, Visible: The True Path to Technology driven Operational Efficiency in Health Insurance Claims Processing

In the complex world of health insurance claims, the pursuit of operational efficiency is paramount. Technology offers powerful tools to streamline processes, reduce errors, and accelerate turnaround times. However, the promise of "Achieving operational efficiency using technology" is not a destination reached on day one of an implementation. Instead, it's a journey of continuous improvement, fueled by the ability to make previously invisible inefficiencies, visible.

Why Operational Efficiency Isn't a "Day One" Deliverable?

Many organizations invest in new technologies expecting an immediate, transformative impact. This is even more difficult when it comes to a problem like claims processing. While initial improvements are often seen, true, deepseated operational efficiency is rarely an instant outcome. Here's why:

Baseline Establishment: New systems and technologies first need to operate within the existing environment to gather data and establish a performance baseline. This initial phase is crucial for understanding the current state, not the optimized state.

Gathering data is a time-consuming activity, not years but definitely weeks and in some cases months. It is defined by the amount of data that gets generated every day for machine learning systems to hone themselves.

The primary outcome is to ensure every day activities are not affected and the new system is able to outperform the previous benchmarks consistently.

THE INSURANCE TIMES से और कहानियाँ

THE INSURANCE TIMES

GST 2.0 Reforms: What They Mean for the Life Insurance Industry and Consumers

The Indian insurance industry has long been advocating for rationalisation of Goods and Services Tax (GST) on life and health insurance products. With the rollout of GST 2.0 reforms, expectations are high that the sector will finally receive much-needed relief and structural clarity. The reforms aim to simplify compliance, widen the tax base, and rationalise rates—moves that could significantly alter how insurers price products and how consumers perceive insurance as a financial tool.

time to read

3 mins

October 2025

THE INSURANCE TIMES

Building a Risk-Aware Culture at AIG Post-2008 Crisis

What is Risk Culture?

time to read

6 mins

October 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

Unrealised Potential: Rural Insurance in India

Rural insurance penetration remains low due to several factors. Products typically cater to urban areas, but prices often fail to account for irregular income cycles, and distribution channels lack local trust and durability.

time to read

4 mins

October 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

World's First Insurance Salvage Patent: Transforming Accident Recovery into Safety Innovation

The patent's implementation is projected to save lives through prevention of untimely deaths and disabilities. By ensuring transparent disclosure of accident history and repair quality, the system reduces the likelihood of compromised vehicles causing subsequent accidents.

time to read

6 mins

October 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

Redressal of grievances under the Liability Insurance : An overview

As public liability insurance became integral to modern business risk management, the expectation was that insurers would offer not only financial protection but also prompt and fair resolution in times of distress. However, the ground reality often paints a different picture. Despite purchasing policies with the intent of securing peace of mind, many policyholders-particularly small businesses- experience frustration and uncertainty when filing claims.

time to read

14 mins

October 2025

THE INSURANCE TIMES

THE INSURANCE TIMES

Bridging the Trust Gap: Why Insurers Need an Internal Ombudsman

The Reserve Bank of India (RBI) has already introduced an Internal Ombudsman Scheme for banks, requiring all banks to designate an independent officer to address escalated consumer complaints. If appropriate, insurance regulators may implement a similar model for the sector.

time to read

8 mins

October 2025

THE INSURANCE TIMES

29th FAIR Conference 2025 to be Hosted by GIC Re in Mumbai Media Partner: The Insurance Times

The insurance and reinsurance fraternity will gather in Mumbai from 5th to 8th October 2025 for the 29th FAIR (Federation of Afro-Asian Insurers and Reinsurers) Conference, hosted by GIC Re. Themed \"Emerging Markets Towards Resilient Growth\", this year's edition will focus on strengthening cooperation, resilience, and innovation across Afro-Asian markets.

time to read

1 mins

October 2025

THE INSURANCE TIMES

Do's and Don'ts for Purchasing Marine Cargo Insurance in India

Do’s (Things You Must Do)

time to read

3 mins

October 2025

THE INSURANCE TIMES

Insurance Regulator Update

Ajay Seth takes charge as IRDAI chairman amid key sector reforms

time to read

4 mins

October 2025

THE INSURANCE TIMES

Legal Briefs

Insurer to pay crash victim's kin Rs. 2.5 crore

time to read

2 mins

October 2025

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