水滴保加速带病体保险普及，AI核保准确率达99.8%

Core Insights - The conference highlighted the importance of "chronic illness insurance" as a critical topic in the insurance industry, emphasizing the significant treatment costs faced by individuals with chronic conditions in China [1][2][3] - The report indicates that the average treatment cost for chronic illness patients is 87,000 yuan, which is 2.1 times the average disposable income of residents, revealing a substantial protection gap [1] - The development of chronic illness insurance aligns with national goals of high-quality development and expanding insurance coverage to better serve public welfare [1][2] Group 1: Market Demand and Challenges - The youth demographic is increasingly facing health risks, with the prevalence of sub-health and chronic diseases being twice that of the elderly, indicating a shift in disease patterns that necessitates product innovation [2][3] - Despite the growing insurance demand among the chronic illness population, they encounter barriers such as high costs, lack of awareness, and stringent underwriting requirements [2][3] - Nearly 30% of individuals are denied coverage due to health disclosures, and 20% are unaware that they can apply for insurance despite having chronic conditions [2][3] Group 2: Technological Innovations - The integration of AI and smart underwriting technologies is transforming the insurance product development and pricing models, allowing for a more inclusive approach to risk acceptance [6][7] - Waterdrop Insurance has launched 214 chronic illness insurance products in the past year, with 34 being first-of-their-kind in China, indicating a rapid evolution in product offerings [6] - The AI underwriting system "KEYI.AI" significantly enhances the efficiency of the underwriting process, reducing processing time by 80% and achieving a 99.8% accuracy rate [6][7] Group 3: Industry Collaboration and Future Directions - The establishment of the "Inclusive Product Alliance" by Waterdrop Insurance and 18 insurance companies aims to create affordable and accessible insurance products for the public [8][9] - The shift from a risk exclusion model to a risk acceptance model is being driven by policy changes and technological advancements, marking a new era in the insurance industry [9] - The focus is now on improving claims processing transparency and speed, which is crucial for ensuring that chronic illness insurance serves its intended purpose of providing real protection [10][11]