AI tools generated nearly $1B in extra costs, Blue Cross insurers say

AI tools generated nearly $1B in extra costs, Blue Cross insurers say reuters.com

6 points•BiraIgnacio•2 days ago•3 comments•

#ai #generated #tools #nearly #cross #extra #blue #costs

3 comments

Is this really a bad thing? It isn't a cost, this is an extra billion dollars in revenue for hospitals.

This means the hospitals can hire more doctors/nurses, expand their hours, buy new medical devices, etc etc. Unlike when insurers use AI to deny coverage, which wastes the time of patients and hospital staff dealing with endless, needless busywork appealing.

Steaglsz2 days ago

Yea it cut 1bil into the insurerance company profits. But they pass that on to the hospitals by raising prices even more. "To make up for extra costs"

For profit healthcare is such a scam

ticulatedspline2 days ago

Unless there's other data it's not clear if or how AI is actually involved here. the core issue seems like something any provider could have started doing long before AI.

Read the full thread on Hacker News →

3 comments

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