Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
September 10, 2025

Deep dive into predicting insurance premiums using machine learning

View Full Paper
Ask AI
Bookmark
Share

Authors

PKPrithvi Sairaj KrishnanVSVivek Shankar

Discussion

Loading...

Member takes

Overview

Analysis predicts healthcare expenses and insurance premiums in the U.S., suggesting machine learning can enhance affordability.

Key Points

  • Models achieved an R² greater than 0.9, indicating strong predictive accuracy for insurance premiums and out-of-pocket costs.
  • The multilayer perceptron model explained 88% of the variance in costs, showing significant improvements over simpler models.
  • Future studies should enhance predictions using advanced neural architectures and richer datasets to empower patients.
  • Increasing age, BMI, and pre-existing conditions correlated positively with higher healthcare expenses and insurance premiums.

Cite This Study

Krishnan et al. (2025) studied this question.

synapsesocial.com/papers/68c1bb6354b1d3bfb60ed104https://doi.org/10.59720/24-251
View Full Paper
Ask AI
Bookmark
Share