Tuesday, August 9, 2022

GBA Insurance coverage Belief & Life2 Optimize Well being Insurance coverage Outcomes | Information

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Initiative Makes use of AI & Machine Studying

ATLANTA, April 28, 2022 /PRNewswire-PRWeb/ — Georgia Bankers Affiliation Insurance coverage Belief, Inc. (GBAIT), a supplier of cost-effective and high-quality insurance coverage and worker advantages and Life2, Inc., an innovator in final result analytics and information providers, introduced at present their medical health insurance collaboration. The initiative options massive scale information utilization, predictive analytics, synthetic intelligence (AI), machine studying and progressive workflow options to enhance insurance coverage plan outcomes and decrease prices for GBAIT and its members.

Joe Brannen, President and CEO of the Georgia Bankers Affiliation, stated: “The GBA Insurance coverage Belief has offered our members and their households premier providers for greater than 5 many years by constantly investing in the perfect individuals, processes and applied sciences. Our collaboration with Life2 is thrilling as a result of it places our information to work by utilizing leading edge AI and machine studying. The aim is to assist members and care groups predict and get forward of doable well being issues. When our members are more healthy, there are fewer unplanned physician or hospital visits and fewer have to file insurance coverage claims.”

The Life2 Claustrum AI™ Platform takes information from quite a lot of sources akin to client info, claims, pharmacies, case administration and wellness packages, analyzes it and supplies real-time, actionable info. The main points and threat predictions can be utilized by these coated, their medical doctors and different care suppliers to offer proactive remedy and wellness plans which will result in higher well being and decrease prices for everybody.

GBAIT is internally branding the brand new service as Altum, and will probably be administered by Paragon Advantages, Inc., GBAIT’s wholly-owned third social gathering administrator. Along with serving GBAIT, Paragon Advantages supplies experience in designing and managing self-funded medical health insurance plans for different purchasers.

Richard Egan, President and CEO of Life2 stated: “Paragon’s progressive workflow method and dedication to information evaluation to enhance outcomes is an ideal match for our platform. The prescriptive insights we create cowl the total vary of well being classes together with illnesses of the circulatory, respiratory, digestive, musculoskeletal and genitourinary techniques. This info may help scale back hospitalizations, medical, dental and pharmaceutical claims. All elements of Paragon’s providers, together with plan design, case administration and cease/loss administration, profit from taking early, proactive motion in opposition to future threat and price occasions. Above all, GBAIT members profit by way of higher outcomes and price financial savings.”

Media Contact

Richard Egan, Life2, Inc., 1 (404) 805-1812, rick.egan@life2inc.com

Joe Brannen, Georgia Bankers Affiliation, (404) 420-2026, jbrannen@gabankers.com

 

SOURCE Life2, Inc.





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