Some 10 percent of all insurance claims are fraudulent – and less than 20 percent of those fraudulent claims are detected or denied. Clearly, there's room for improvement that could mean millions to hundreds of millions of dollars in savings.
Only SAS delivers proven solutions and best practices that tie together all the essential areas of claims fraud detection and prevention.
In this brief video, learn how SAS:
- Saves time and money by integrating into existing core systems.
- Finds fraud before claims are paid using a hybrid of business rules, predictive analytics and social network analysis technology.
- Reduces false positives with a sophisticated fraud scoring engine.
- Improves investigator efficiency with advanced case management tools.