While big data the term for data sets that are large and complex in the health care realm can probably sound scary to benefit brokers and advisers who may just be starting to consider data analysis for cost-savings with wellness programs and for self-funded clients, theres a lot more to come. A June 5 perspective piece in the medical publication New England Journal of Medicine by Dr. Sebastian Schneeweiss outlines some potential developments for big data to better use this information for patients and doctors, and ultimately insurers and benefit brokers, alike.
See related: Importance of data analysis for brokers increasing