Using healthcare as leverage in international relations and global business has put an end to modest profit and patient-centrism. This has caused disputes between governments, businesses, and insurers, who must soon address the three biggest challenges to secure a future for patients worldwide. Future years will bring a whirlwind of patient-related issues for contemporary medicine,…
The European Union (EU) has taken a significant step towards regulating Artificial Intelligence (AI) with the introduction of the Artificial Intelligence Act. This legislation not only aims to govern the development, deployment, and utilization of AI within the EU but also extends its reach globally. In summary, the objectives of the AI Act are multifaceted,…
Insurance brokers directly represent the buyer, prioritizing the buyers’ best interests in the event of conflicting opinions when purchasing health insurance plans. Because brokers represent buyers rather than insurers, they offer impartial recommendations. In this blog post, we will be going over the relevance of brokers in the health insurance industry to ensure your health…
While Amazon, Google, Apple, and Meta (Facebook) are hardly insurance companies, you may soon be able to buy insurance products from them. Yes, these ‘big tech’ companies are very much eying the insurance space. But what would insurance products from these companies even look like? And how are these companies different from insurtech (if at…
Seeing the word blockchain may be daunting for some people, due to the notion that it is a complex process with a concept hard to understand. Though that may be true, the basics of it can be simplified. Blockchain is basically a shared ledger filled with “blocks” that contain information of transactions, that are then…
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