A large number of medical conditions are lifestyle-related and impacted by everything from economic stability, access to nutritious foods, and transportation to medical appointments, among others. While these factors have a big impact on an employee's health and medical claims, most risk assessment tools don't consider these factors, meaning that often underwriters don't have a complete view of an individual's health and potential risk.
Alternative data, combined with medical and pharmaceutical data and underwriter expertise, creates a more comprehensive view of risk.
This white paper explores:
- What traditional data sets miss
- The components of alternative data
- How AI-driven alternative data improves health outcomes and business results