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How generative AI could cut health care costs, develop new cancer drugs

FOX News

We may chip our pets, but can humans be chipped safely? Kurt "The CyberGuy" Knutsson explains. It is no secret that prices for pharmaceutical drugs are expensive, especially if you do not have great insurance or no insurance at all. Add to that the fact that according to the Centers for Disease Control and Prevention, about 50% of Americans take at least one prescription medication, with nearly 13% taking five or more medications. CLICK TO GET KURT'S CYBERGUY NEWSLETTER WITH QUICK TIPS, TECH REVIEWS, SECURITY ALERTS AND EASY HOW-TO'S TO MAKE YOU SMARTER Now, one company is hoping to significantly lower those drug costs and develop new cancer drugs with AI technology.


How AI can cut health care costs

#artificialintelligence

Companies spend a fortune to provide health insurance for their employees. In the U.S., 57 percent of all people get their health care through an employer-provided plan. In the past 10 years, employers have seen their costs increase over 63 percent, and costs are forecasted to grow at three times the inflation rate for the foreseeable future. Companies have begun shifting more of these costs to employees. The use of high-deductible health plans (HDHPs) by companies of all sizes just passed the 50 percent mark.