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Healthcare insurance policy holders are increasing on a yearly basis. Due to the large number of policy holders who aims to get maximum profits by claiming the insurance, false claims are also increasing. Due to the presence of IoT devices which tracks the patient data, insurance companies can easily detect any fraud in the claims.

These devices not only help the patients to manage their insurance policies but also help the insurance companies to track the health of patients, underwriting, risk assessments, etc. Due to the IoT-enabled devices, the insurance claims became transparent and benefitting the genuine policy claims.