Survey on: Applications of Smart Wearable Technology in Health Insurance

Abstract

Abstract Humanity is considered as the most intelligent species on the earth and are health reactive. Today, due to increase in sluggish behavior there is reduction in physical activity and that leads to health problems. To overcome this cause, wearable technology helps human being to get updates about physical health behavior e.g. heart rate, blood pressure, steps count, BMI, calories and many more. Wearables available in market helps to measure all kind of metrics related to health. The aim of this research is to study and analyze the research to check whether wearable technologies with augmented smart AI solutions help to predict health status and its outcome. Leveraging Artificial Intelligence (AI) and wearable technology could help health insurance to cover the risks associated with the uncertainties in the health, increased life span and high cost of treatments. In this study, we first discuss the works where wearable technology and AI can create value in the field of healthcare and importantly discuss the use case of leveraging the insurance domain with a smart health-monitoring service for the customers. Although, there are inhibitions in implementing a smart and fitness monitoring system in health-insurance sector like privacy concerns and hesitations towards sharing the data, health-insurance sector can look at this use-case as an incentivization to the fitness conscious clients.

Ähnliche Arbeiten