A 2016 report by the NationalInstitutes of Health estimated that electronic health records inthe U.S. will gather 25,000 petabytes of data annually by 2020.(Photo: Shutterstock)
Let's be honest: terms like “data analytics” tend to make manypeople's eyes glaze over. The idea of number-crunching health caredata sounds like a good way to improve benefit plans, but it alsosounds like a complex subject—and it is.
Brokers who have been dealing with data analytics say this iswhy a good, reliable partner is so important when delving into thisarea of technology. Consumer education and communication areimportant, but like retirement investing, most laypeople aren'tgoing to want to get into the weeds of data analytics and how itaffects health benefits. Having an expert who canexplain the concepts and strategies will do a lot to make dataanalytics truly useful to companies and their employees.
Continue Reading for Free
Register and gain access to:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
