The Business Research Company’s Hospitalization Insurance Global Market Report 2021: COVID-19 Impact And Recovery To 2030
LONDON, GREATER LONDON, UK, March 25, 2021 /EINPresswire.com/ — Our reports have been revised for market size, forecasts, and strategies to take on 2021 after the COVID-19 impact:
https://www.thebusinessresearchcompany.com/global-market-reports
The integration of blockchain in health insurance is a key trend gaining popularity in the global healthcare insurance market and thus the hospitalization insurance market. The incorporation of blockchain in health insurance provides many benefits, such as enhancing integrity and protection by offering better control of patient data, reducing regulatory and enforcement costs, and maximizing interactions between health practitioners, insurance providers, and insurers. In June 2018, Alibaba-associated tech firm ZhongAn revealed that it was developing a blockchain-based insurance platform, it had already stepped into data-sharing deals with over 100 Chinese hospitals for automated claims and record validation. In August 2018, MetLife subsidiary LumenLab, based in Singapore, started testing the world’s first digital insurance platform utilizing blockchain technology, which would be used to provide automatic payouts for gestational diabetes-affected…