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A Chinese city launches trials of blockchain-driven insurance claims system

Ningbo, a major port and industrial hub in east China’s Zhejiang province has kicked off trials for the use of blockchain technology to automate the processing of insurance claims during patient diagnosis.

The “Zero Perception Claims” system currently being trialled in Ningbo permits the rapid automation of insurance claims processing, according to a report from Diyi Caijing.

Insurers can obtain relevant information on patients in real-time during the diagnosis process itself, avoiding the need for recipients to submit their own applications materials.

This means the “diagnosis process is the claims applications process,” and patients can receive claims payments in their accounts just as diagnosis is complete.

Zero Perception Claims is currently being trialled at all first and second-tier public hospitals in Ningbo, with cooperating partners including CPIC and Ping An Insurance.

An SIE executive said that the IEC enables medical organisations and insurers to create a secure and trustworthy data exchange environment with the authorisation of patients, in order to achieve real-time exchange and verification of key information.

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