Technology and how it has improved the insurance industry was one of the issues highlighted at the just concluded 40th Annual Caribbean Insurance Conference, held in the Bahamas from June 5-7, 2022. CEO of Advanced Integrated Systems, Doug Halsall, who was a special guest at the event, presented on the topic: Health Insurance Trends in the Caribbean.
In the past few years, a number of telemedicine vendors have entered the local market. This is a good indication that we are moving forward and evolving to incorporate digital health into the healthcare ecosystem. We still have a little way to go but we are on the right track.
The minister of health and wellness is forging ahead with legislation for a National Health Insurance Plan (NHIP). The Caribbean Policy Research Institute (CAPRI) recently hosted a public forum to engage citizens on the matter.
The event highlighted some important considerations that are needed to flesh out this vision, including citizen partnership and acceptance, private sector buy-in and partnership, and a requirement for the involvement of technology at all levels of the system.
Advanced Integrated Systems adding business line, partnerships
But stock market listing still three years away
CEO and company founder Douglas Halsall is indicating that it will be another three years before Advanced Integrated Systems Limited, AIS, proceeds with plans to list on the Jamaica Stock Exchange, but is laying the groundwork for the expansion of the company in the interim.
Jamaica is far ahead of the United States (US) in certain areas of healthcare. About 20 years ago, Jamaica started the process of digitising the health insurance industry, allowing providers to submit claims online in real time.
Health care costs have the capacity to render persons bankrupt and is an expense that Government and all of us will have an interest in keeping as low as possible.
The United States (US) is a great example of how high health care costs can have a negative effect on individuals and health seeking behaviour.
When I heard the announcement from the National Health Fund (NHF) late last year that the agency would be moving towards putting things in place for the development of a National Health Insurance Plan (NHIP) I was a little sceptical.
After all, administration after administration had said this very same thing but nothing ever came to fruition.
I was heartened when I recently saw that the NHF requested submissions for a consultant to examine and begin the process.
Leading Jamaican technology company, Advanced Integrated Systems (AIS) is set to introduce its locally developed insurance adjudication system to the United States.
A Jamaican technology platform, developed by Advanced Integrated Systems, (AIS), is currently being marketed in India and expectation is that its use in that country may bring millions in revenue to Jamaica.
Kingston, Jamaica - May 09, 2017 – The Caribbean’s leading healthcare technology provider, Advanced Integrated Systems (AIS) today launched its Medical Practice Management System...
