IBM putting Watson to work in health insurance

Enough with the fun and games. Watson is going to work. IBM's supercomputer system, best known for trouncing the world's best "Jeopardy!" players on TV, is being tapped by one of the nation's largest health insurers to help ...

Watson's medical expertise offered commercially

The Watson supercomputer is graduating from its medical residency and is being offered commercially to doctors and health insurance companies, IBM said Friday.

Utah breach affects 25,000 Social Security numbers

(AP) -- Utah health officials said Friday that hackers who broke into state computers last weekend stole far more medical records than originally thought, and the data likely includes Social Security numbers of children ...

Poverty-level wages cost U.S. taxpayers $153 billion every year

While the U.S. economy rebounds, persistent low wages are costing taxpayers approximately $153 billion every year in public support to working families, including $25 billion at the state level, according to a new report ...

'Do Not Track' privacy effort at crossroads

A movement by privacy activists to curb tracking of Internet users' browsing habits scored a major victory last month when Microsoft launched its new browser with "do not track" as the default, or automatic setting.

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Health insurance

Health insurance is insurance that pays for medical expenses. It is sometimes used more broadly to include insurance covering disability or long-term nursing or custodial care needs. It may be provided through a government-sponsored social insurance program, or from private insurance companies. It may be purchased on a group basis (e.g., by a firm to cover its employees) or purchased by individual consumers. In each case, the covered groups or individuals pay premiums or taxes to help protect themselves from high or unexpected healthcare expenses. Similar benefits paying for medical expenses may also be provided through social welfare programs funded by the government.

By estimating the overall risk of healthcare expenses, a routine finance structure (such as a monthly premium or annual tax) can be developed, ensuring that money is available to pay for the healthcare benefits specified in the insurance agreement. The benefit is administered by a central organization such as a government agency, private business, or not-for-profit entity.

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