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Welcome to our pitch for DenyBot.ai Our product automates a lot of the repetitive tasks for health insurance companies and increases reliability of responses a
by TZubiri 1y ago
Welcome to our pitch for DenyBot.ai
Our product automates a lot of the repetitive tasks for health insurance companies and increases reliability of responses and profit margins.
- ausbah 1y agostatic api that just returns “no”
- wredcoll 1y agoIf there's one thing I'm concerned about, it's the profit margin of health insurance companies.
- giantg2 1y agoAren't profit margins restricted by law? Ostensibly, any reduction in expenses should result in some reduction to patients.
- myhf 1y agoThis new AI reduces payouts by $10MM. The licensing fee is $10MM. Profit margins stay within the legal limits.
- TZubiri 1y ago"Just set the AI, KICK BACK and relax." KickBackDeny.ai take notes YC
- mac-mc 1y agoYou increase profits by expanding the amount of money put through the system, leading to a perverse incentive of ever increasing costs.
- jordanb 1y agoThe solution to this is to form a Health Group that combines insurance with a whole bunch of provider services. Then approve those claims that result in you paying yourself.
- giantg2 1y agoThese are terrible. Then you have a very small in network option and get screwed when going anywhere else. This is basically what happens with CVS Caremark drug coverage - any recurring prescription must go through them or they won't cover it. They'll only cover one off prescriptions at competitors. It's really pretty terrible, especially if you need a compounded medication. I'm not sure how such an anticompetive racket is legally allowed to exist.