Ft. Lauderdale, FL, April 2010 – Historic healthcare insurance reform bill increases the need to automate processing and medical underwriting of individual and family health insurance applications.  JET InsureFuse™ V3.0, an automated underwriting processing system, accommodates this need for automation and faster processing while increasing efficiencies and satisfaction among individuals, families, agents, underwriters and health plans.

JET Health Solutions, the healthcare product and solutions division of AAJ Technologies, premiered JET InsureFuse™ V3.0, an automated medical underwriting processing system at LOMA’s Health Underwriters Study Group Annual Meeting in San Antonio, Texas. 

JET InsureFuse™ is designed to help agents and underwriters quickly move individuals and families through the application process while approving more, in less time.  The automated medical underwriting processing software includes full-featured workflow management portals for agents.  A highly flexible, user-friendly business rules engine allows underwriters to make instant adjustments to workflow, rules and rates while accommodating regulatory demands and product changes.  An easy-to-use, self-service platform gives individual consumers a convenient online storefront to make health plan purchases.

"The individual health insurance mandate will bring insurers millions of new customers.   Health insurance carriers need to look at their technology needs and determine the appropriate retail model for their products to accommodate the coming demand,” said Amjad Shamim, CEO at JET Health Solutions/AAJ Technologies.  “At the same time, health insurers must improve efficiencies because 80% to 85% of premiums collected have to be spent on medical claims as mandated by the new health reform bill.

JET InsureFuse™ was developed by the Healthcare Division of AAJ Technologies, JET Health Solutions.