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TZubiri 3 days ago

Welcome to our pitch for DenyBot.ai

Our product automates a lot of the repetitive tasks for health insurance companies and increases reliability of responses and profit margins.

giantg2 3 days ago | parent | next [-]

Aren't profit margins restricted by law? Ostensibly, any reduction in expenses should result in some reduction to patients.

mac-mc 3 days ago | parent | next [-]

You increase profits by expanding the amount of money put through the system, leading to a perverse incentive of ever increasing costs.

jordanb 2 days ago | parent | prev | next [-]

The solution to this is to form a Health Group that combines insurance with a whole bunch of provider services. Then approve those claims that result in you paying yourself.

giantg2 2 days ago | parent [-]

These are terrible. Then you have a very small in network option and get screwed when going anywhere else. This is basically what happens with CVS Caremark drug coverage - any recurring prescription must go through them or they won't cover it. They'll only cover one off prescriptions at competitors. It's really pretty terrible, especially if you need a compounded medication. I'm not sure how such an anticompetive racket is legally allowed to exist.

myhf 3 days ago | parent | prev [-]

This new AI reduces payouts by $10MM. The licensing fee is $10MM. Profit margins stay within the legal limits.

TZubiri 3 days ago | parent [-]

"Just set the AI, KICK BACK and relax."

KickBackDeny.ai take notes YC

wredcoll 3 days ago | parent | prev | next [-]

If there's one thing I'm concerned about, it's the profit margin of health insurance companies.

boomskats 3 days ago | parent [-]

I think that's the joke

wredcoll 2 days ago | parent [-]

Wow, I had to reread the parent like 3 times before I understood what I missed.

ausbah 3 days ago | parent | prev [-]

static api that just returns “no”

TZubiri 3 days ago | parent | next [-]

Inputs are routed to our prorietary 'DevNull' algorithms

blibble 3 days ago | parent | prev [-]

don't forget the sleep statement to make it appear as if it's doing something