As per experts’ observation, new technologies are enhancing workers’ compensation programs when it comes to:
- Healthcare delivery to injured workers: Employees are being directed to suitable medical providers through telemedicine and mobile apps.
- Handling claims: Employees receive alerts when prescriptions become available. Plus, email alerts are customized.
- Communication with employees: Workers obtain essential information about request updates and precautionary measures through smartphone applications.
- Partaking workforce training: Employees receive knowledge through the internet in the workplace and smartphone applications.
Wearable Technology for Monitoring
Wearables are also impacting both businesses and the insurance industry. Currently, wearable technology allows employers to monitor the actions of their employees. In this way, workers receive alerts when in danger. The wearable technology mainly screens body temperature, fatigue, and repetitive motion. It works best for fraud prevention, wellness programs, and training.
The Impact of Artificial Intelligence
You may already be aware of the history of the country a hundred years ago — people have been relying on agriculture. Then, there’s a shift to manufacturing. At present, the technical revolution is happening. Most of the people carry a smartphone now, and you, as one of them, can do amazing things using it without involving another person.
Another thing, Artificial Intelligence / AI has changed the way how people live. Although some fear that the number of jobs is going to decline due to growing AI acceptance in the workplace, it still provides numerous advantages, especially in the claims management process. Through cognitive technology and automating claims procedures, insurance companies can access and obtain the relevant data from documents. This method decreases processing times. In other words, insurers can fast-track claims.
Moreover, with the help of AI, fraudulent cases can be sensed more quickly. By capturing patterns and traits, technology helps insurers with risk evaluations to provide fast and informed decision making.
One More Thing Before You Go
Acquiring the necessary information and processing transactions are now made stress-free because of technological advancements. Now, to complete your convenience, get the appropriate workers’ compensation package from a reputable provider.
At Independent Executive Insurance Brokers, we put our clients first by offering them policies that they can afford. Having insurance is a necessity nowadays and we're here to help you out. Learn more about our products and services by calling our agency at (805) 624-4815. You can also request for a free quote by CLICKING HERE.