It was mentioned by the Head of the Health care services of Oman at the regional medical congress that the various cutting technologies and the Artificial Intelligence if mixed with human potential can be really challenging, effective and can be deployed without any difficulty against the healthcare corruption in the MENA region which has the potential of saving millions of dollars each year.
IRIS Health Services corporate executive Anil Nair mentioned that a keynote speaker at the Federation of continent Insurance and insurance corporations (FAIR) Medical Insurance and tending Congress within the Maldives, same the corporate has been ready to save its shoppers over US$10mn intending fraud within the UAE, Sultanate of Oman and different Middle Eastern markets by desegregation rising technologies like AI, blockchain and deep machine learning into its operations. For the center East, this can be significantly vital given the region’s high tending spends and embrace of AI and similar technologies.
According to Alpen The United Arab Emirates market o its very own is expected to increase to around US$20bn by the start of 2020. The important growth of the health industry will also be witnessed by Oman. The online technological threats can be prevented if only implemented by the regulators, individuals and insurance companies, said by Nair.
In the forecast, it suggested that around US$250 to US$480bn is unfortunately departed to healthcare corruption annually worldwide. The United States just by itself is responsible for fraud losses of US$60bn each year according to conservative forecasts. However, the Middle East is just responsible for US$1bn fraud losses to the health care insurance fraud.
Nair further mentioned that the true price of health care corruption, waste and abuse is much more massive than it looks.
Health insurance FWA mostly happens at the patient or supplier level. People victimization somebody else’s identification or filing false claims, suppliers unbundling procedures or asking for incomplete treatments are all samples of corruption techniques.