Introduction Life insurance companies rely on access to accurate, reliable, and readily available health information to support the underwriting process. In this article, we examine a new data quality initiative that is gaining traction among health information exchanges (HIEs) and other data aggregators, including a majority share of those participating in our EHR+ network. About…
Munich Re Life US assessed the potential value of Electronic Health Records (EHRs) under various assumptions by performing a cost-benefit analysis on a sample of two hundred life insurance applications for which EHRs were ordered post-issue. The mortality savings from using EHR data, had it been used in the risk selection, was compared to the…
Highlights Key Findings Growth in EHR Adoption Since 2018, EHRs have been a strategic priority for a large and growing percentage of life insurance companies, a majority of which have transitioned from evaluation to some level of production use over the past few years. Currently, 93% of life insurance companies surveyed are using (61%) or…
Forward At Clareto, we’re receiving a growing number of inquiries from colleagues, clients, and partners regarding new health IT buzzwords like TEFCA and QHINs. And if you’re reading this, you’ve likely already been promised that these acronyms are going to solve all your digital health data needs. When it comes to interoperability, it can be…