Claims Fraud Scoring Software
Source: NetMap Analytics
NetDetect is a new claims fraud scoring software product scheduled for availability later this year
NetDetect is a new claims fraud scoring software product scheduled for availability later this year. The software scores claims for potential fraud throughout the claims lifecycle.
The software weights and scores each claim's attributes against a rules base of known indicators that can point to fraud. This scoring technique comes into play throughout the claims process, updating each claim's score as new information is available.
In addition, insurers decide how high or low to set the bar, and will be automatically alerted when any incoming or ongoing claim meets their "suspicion threshold." Once suspicious claims are identified, the manufacturer's NetMap for Claims can be used for further analysis.
NetMap Analytics , 929 Eastwind Drive, Suite 203, Westerville, OH 43081. Tel: 614-523-1067. Fax: 614-523-2159.