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Insurers claim AI is already increasing healthcare costs

TechCrunch
1 min read Rewritten in plain language

Artificial intelligenceBiotech and HealthBlue Cross Blue ShieldAbridge

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  • Hospitals’ use of artificial intelligence tools as they submit insurance claims led to an additional $942 million in healthcare spending over a two-year period, according to an analysis by the Blue Cross Blue Shield Association.
  • Explore tomorrow’s breakthroughs, hear what’s shaping tech today, and save up to $200 by Sept. 25 at 11:59 p.m. PT.

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Hospitals’ use of artificial intelligence tools as they submit insurance claims led to an additional $942 million in healthcare spending over a two-year period, according to an analysis by the Blue Cross Blue Shield Association.

The New York Times pointed the analysis as just the latest sign that AI is contributing to an increase in healthcare costs.

But Rao said it might also reduce tensions and cut costs.

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Shortened to 1 minute of reading, this version reads 5.6 on the Niral Score.

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TechCrunchas they published this story 9 81 -0.1 35
Mundane Readneutralized from TechCrunch 7.4 81 -0.1 35

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