An Expert AI Assistant for Writting Insurance Approval Letters.
Lengthy approval processes from insurance companies are a barrier to timely medical treatment, resulting in both health and financial consequences for patients. Delays in receiving necessary procedures can lead to disease progression, necessitating more intensive and expensive treatments. In cases of urgent care, waiting for authorization can inflate healthcare costs by up to 20% as conditions deteriorate (1). The current inefficiency in the approval system not only endangers patient health but also imposes unnecessary financial strain on the healthcare infrastructure. It is imperative to refine these procedures, ensuring expedited approvals to minimize complications, reduce costs, and uphold the ethical delivery of prompt medical care (2)(3).
"InsureFast AI" is a digital assistant designed to reduce time in health insurance approval, creating argumentative letters that effectively communicate the urgency of medical procedures to patients.
The development of the wizard is based on a review of existing literature on the insurance authorization process. Specifically, the tool incorporates Feinman's [1] findings and recommendations on insurance company tactics, Davis's [2] proposed methodology for streamlining insurance preauthorization, and Constant et al.'s analysis. [3] on delays in health authorization. These studies provide practical information that is used to write clear and concise letters requesting approvals for medical procedures.