American Healthcare System

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The U.S. healthcare system was "crippled" by big data

One of the reasons why the U.S. health care system failed miserably is to ignore the role of big data. Big data has changed the US health-care system, not so-called better, but less vulnerable. The insurer's insurance rates have historically been actuarized by actuaries based on morbidity and mortality statistics. This is based on metadata - the data that most actuaries have no way to go deep into a large amount of insured data for analysis. Why insurers always want to insure as many people as possible, because in this system, the profitability of insurers grows linearly with the size of insureds, so that ...

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