The health sector in Mexico is under pressure, and major medical insurance is a luxury right now for millions of people. In 2022, only 9% of Mexicans had this type of protection. In this context, according to WeeCompany®, the right technology has the potential to help reduce the overall costs of medical treatment, and therefore insurance.
Although progress has been made in removing barriers in recent years, the giant healthcare system, given its enormous number of stakeholders, has long been slow to change. Service providers must be prepared to meet the growing demand of consumers to be treated quickly and efficiently. At WeeCompany we continue working to transform companies and institutions, connecting them to a hyper-connected digital healthcare ecosystem that simplifies the value chain and offers transparency and cost containment,” he says. Jesús Hernández, CEO and founder of WeeCompanya pioneer company in the Healthtech and Insurtech industry.
4 ways in which technology can reduce the cost of health insurance and make the health system more efficient:
1. Automation of administrative tasks: andThis can significantly improve processes and give doctors extra time to care for their patients. Administrative tasks take up a significant amount of time, and physicians end up spending more time doing things like entering patient notes into EHRs than actually treating them. Not to mention that this also leads to burnout for doctors.
2. Mobile applications: One of the main administrative burdens is medical billing, but with the apps, you can submit claims to your insurer on the go with just a few clicks. Other more basic tasks, like booking an appointment and sending reminders, can also be automated to improve overall efficiency.
3. Telemedicine: Virtual assistance helps reduce costs in two main ways. First, it offers patients flexible and easily accessible clinical care. Second, physicians can provide primary care and reduce the unnecessary and costly use of emergency room visits.
4. A “Data Driven” health sector: With appropriate strategies and the use of technologies such as big data, hospitals can better manage their staff and curb costs. Not to mention, this will also have a positive impact on patient outcomes. The data can help hospitals better understand their needs: the number of new patients, the capacity of emergency rooms, the state of equipment, etc. This helps hospitals make more informed decisions and not resort to expensive alternatives.
After years of debate on how to innovate in the provision of health services, the lessons of the pandemic and the acceleration of technology will exert pressure to change the current systems to benefit the insured or the patient,” he explains. Jesus Hernandez.
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