Can Predictive Analytics Forestall Opioid Addiction?
With the recent announcement by the Trump Administration that opioid addiction is a public health emergency, is there a way to identify possible opioid abuse before abuse or addiction? Claim professionals could learn about possible opioid abuse and addiction before it occurs with Artificial Intelligence (AI).
As risk and claim professionals begin to embrace AI for management of casualty, health and disability insurance cases, they are beginning to understand how early intervention in chronic pain cases will lead to better outcomes. By integrating AI code into various Enterprise Risk Management (ERM) and Claim Settlement RiskPro® processes, including chronic pain management, we are able to assist our clients to intervene and eliminate unnecessary procedures and drugs for claim closure and settlement.
For example, if a client is utilizing our predictive claim model for chronic pain with opioid use, our analysts are utilizing AI capabilities for immediate comparative research to gain a “best outcomes” risk cost reduction approach to the claim. Thereafter, a treatment and pharmaceutical plan can be established for resolution of the case in the shortest possible timeframe.