2.2.6 Reduce the operating pressure of insurance companies

The blockchain technology of authentication application in medical institutions will greatly reduce the operating pressure of insurance companies developing medical liability insurance.
Medical liability insurance has been carried out in Beijing since 2005,and has been eating "policy meals". The insurance companies have long been operating at a loss or meager profit, and the claims process often leads to delays or end up with nothing due to the adoption of evidence and the credibility of the basis for judgment.Hospitals and patients are more likely to hold the insurance companies that do not understand medical care between them because of trust problems, leads insurance companies to be in a very awkward position in the claim process. The insurance company can not participate in the treatment process and the documents signed, preserved and certified by the family members. In the case of medical responsibility, the insurance company itself cannot provide evidence that both parties trust, and the insurance company cannot pre-store the whole process in advance. All evidence is preserved and shown by medical institutions and patients, and insurance companies can only selectively trust, and even more often forced to pay high amount of claims due to policy and social pressure.
The core task of the Move is to apply the mechanism that can not be tampered with, and that both parties have explicitly trust in the medical field. The insurance company will have more reliable information when dealing with the medical liability insurance claims. The tamper-resistant characteristics of the information will be guaranteed by technology, which will effectively improve the efficiency of claims and reduce premium expenses, and gain a more active position in the claims process.