India's largest platform and marketplace for AI & Analytics leaders & professionals

Sign in

India's largest platform and marketplace for AI & Analytics leaders & professionals

3AI Digital Library

Propensity to Complete Health Risk Assessment

3AI August 18, 2020

Leading Healthcare provider

Problem Statement

  • As new enrollees coming off the exchanges will be relatively unknown, HRA information is helpful to risk stratify this population
  • identify enrollees with high/low HRA completion rate to prioritize targeting and outreach

Analytics Led Approach

  • implemented an Advanced Analytics driven HRA completion prediction system
    • To identify members who were more/less likely to complete their HRA
    • Stratify members for member outreach to improve completion rates
  • leveraged 3rd party demographic and psychographic data in addition to internal client data to develop and implement analytical models for ongoing member stratification and identification

Business Impact

  • Member Stratification based on likelihood to complete HRA
  • Outreach Target List Generation based on Propensity generated by Logistic Regression model

Critical Success Factors

  • Advanced analytical process to identify members high/low likely to complete HRA
  • Ability to pro-actively segment and target more likely members to ensure increased completion rates while lowering costs

    3AI Trending Articles

  • Reimagine Business Strategy & Operating Models with AI : The CXO’s Playbook

    Author: Sameer Dhanrajani, CEO at AIQRATE advisory & consulting | AI advisor, business builder | Author | Speaker |Columnist| President at 3AI | Ex-CSO: Fractal, Global Business Leader: Cognizant, Country Head: Fidelity National Financial AlphaGo caused a stir by defeating 18-time world champion Lee Sedol in Go, a game thought to be impenetrable by AI […]

  • Crossing the AI Adoption Chasm

    Featured Article: Author: Abhishek Tandon, Director, Customer Success for Fosfor, LTIMindtree Chapter 1: The chasm between AI outcomes and business value The message is loud and clear. AI projects are not seeing the level of adoption and ROI that was expected of them over the last decade. But there is no doubt that AI Rules. […]

  • Augmenting AI to set the right sales targets

    Author: Abhishek Bhadra, AVP – Platforms & Offerings (Building AI products for Sales & Commercial value chain with domain expertise in CPG& Retail, Manufacturing & Aftermarket Services), Genpact | LinkedIn – https://www.linkedin.com/in/abhishekbhadra/ Setting the right target  Target setting for the sales force is an age-old problem which is nonlinear and multivariate in nature. If the target is […]

  • Generating powerful learning experiences!

    Featured Article: Author: Amita Mirajkar, EXL As technology permeates every aspect of our lives, the education sector stands on the verge of a transformative change, courtesy Generative AI. Last few months, we have seen a surge of concern across institutions of higher learning as Generative AI programs, such as ChatGPT, gain popularity. According to MarketResearch, Generative […]