Real-time Premium Calculation Using IoMT in Health Insurance

Traditional methods of calculating health insurance premiums lack the holistic view that takes all factors into account. Basing a quote on whether or not a person is a smoker without acknowledging any other health or lifestyle information, for example, is a missed opportunity.

The Internet of Medical Things (IoMT) — smartwatches, wearable pedometers, apps, and the like — contain a treasure trove of data for insurers to inform smarter, more accurate insurance premium calculations. In this paper, you’ll explore the design considerations and architecture of various IoMT applications for calculating health insurance premiums in real time.

Author

Author

Ashutosh Gupta

View all Articles

Insight category

Top Categories

Top Authors

Amit Gupta

Amit Gupta

Senior Consultant

Sameer Tikoo

Sameer Tikoo

Senior Vice President & GM, Communication Services BU

Orkhan Gasimov

Orkhan Gasimov

Head of CEE Technology Office, Director

Volodymyr Trishyn

Volodymyr Trishyn

Senior Software Engineer

Viktor Klymenko

Viktor Klymenko

Consultant

Archive

Check out our previous articles

Load Archives