作者
Anubhav Elhence, Adit Goyal, Vinay Chamola, Biplab Sikdar
发表日期
2022/11/10
期刊
IEEE Transactions on Computational Social Systems
卷号
10
期号
4
页码范围
1642-1653
出版商
IEEE
简介
Health insurance is crucial for each person, bearing in mind the increasing medical costs. COVID-19 has been an eye-opener as to how important it is to have health insurance. Medical emergencies can have a severe emotional and financial impact. Thus, a health insurance policy can help mitigate financial risks in unpredictable circumstances. However, the current insurance system is very expensive, as thousands of people pay the premiums, and very few take the claims. Furthermore, the claim settlement process is excruciatingly long and tiresome. In this article, we focus on establishing a rapid and cost-effective framework for the health insurance market, based on machine learning and blockchain technology. By developing a smart contract, blockchain may eliminate any third-party organizations and make the complete process safer, easier, and more efficient. The contract pays the claim based on the claimant …
学术搜索中的文章
A blockchain and ML-Based Framework for fast and cost-effective Health Insurance Industry Operations
A Elhence, A Goyal, V Chamola, B Sikdar - IEEE Transactions on Computational Social Systems, 2022