Blockchain Technology Impact On Healthcare Insurance Sector Training Ppt

Slide 1

This slide illustrates challenges that the blockchain resolves in health insurance such as interoperability, comprehensive health records, supporting administrative and strategic imperatives with smart contracts.

The technology also simplifies the application process, making it more client-centric; detecting fraud more efficiently, improving accuracy and facilitating a dynamic insurer/client relationship.

Instructor’s Notes:

The multiple issues that blockchain resolves in healthcare insurance industry are as follows:

Interoperable, comprehensive health records:

Supporting administrative and strategic imperatives with smart contracts:

Simplifying the application process by making it more client-centric:

Detecting fraud more effectively:

• The information related to health insurance is first verified and then recorded in blockchain-based software
• At the time of false claims or falsified applications, smart contracts help determine the user's validity by verifying the information recorded in different blocks in the network

Improving provider directory accuracy:

Facilitating a dynamic insurer/client relationship:

Slide 2

This slide highlights the impact of blockchain on healthcare insurance with interoperable, comprehensive health records. It explains that with the help of blockchain, the interoperability problem can be solved by establishing security and trust between two entities. 

Slide 3

This slide illustrates the impact of blockchain on healthcare insurance with supporting administrative and strategic imperatives. It explains that blockchain helps to automatically collect records of agreements, transactions, and valuable information by using smart contracts. 

Slide 4

This slide illustrates the impact of blockchain on healthcare insurance with client centric application process. It explains that blockchain collects data and keeps it in a systematic order within the blocks. At the time of claim adjustments or client treatment, the information can be collected from the blockchain network.

Slide 5

This slide highlights the impact of blockchain on healthcare insurance with fraud detection process. It explains that blockchain helps to verify the information recorded in the network software. At the time of false claims, smart contracts help determine the user’s validity by verifying the information recorded in different blocks in the network.

Slide 6

This slide highlights the impact of blockchain on healthcare insurance by improving accuracy. It explains that healthcare providers and insurers can update their listings easily and quickly owing to the decentralized nature of Blockchain architecture.

Slide 7

This slide highlights the impact of blockchain on healthcare insurance by facilitating client insurer relationship. It explains that at the time of storing electronic healthcare records in the blockchain, smart contracts integrate the wellness-related behaviors within the client’s relationship.