Agent Plan Comparison

Optimize your Brokers' decision-making by comparing SBC (Summary of Benefits and Coverage) documents from several competitors.

Challenge

Health Insurance brokers, agents and internal sales representatives face challenges in efficiently comparing and recommending the best Health Insurance plans for their prospects. Where you are able to overcome plan bias based on previous sales, finding the best match often involves investment of significant effort: time-consuming manual analysis, potential inaccuracies from incomplete data, and suboptimal decision-making, which negatively impacts their ability to provide competitive offerings and converting prospects into customers.

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About the Solution

By leveraging the power of AI for data extraction and comparison using an AI model trained on thousands of SBC documents from US health plans and capable of understanding industry-specific terms, data fields, formats, and structures, brokers and sales reps gain a competitive advantage and can provide their clients with faster, better matching, and personalized plans.

  • Intake any SBC Document
  • AI-driven plan benefit recognition
  • Benefits extraction
  • Plan matching criteria configuration
  • Benefit highlighting and ordering

Virtical Apps integrate seamlessly with the Simplify Platform platform, across Sales, Service, Health, and Experience Clouds. Virtical's User Experience (UX) layer is integrated with Simplify Platform and blended into business processes such that the insights derived from our AI models are delivered to your users in the right place at the right time. Moreover, Virtical offers configuration tools that allows in-house customization of these Prebuilt apps as per the unique needs of your business. These ready-to-use, yet tunable applications fast-track digital transformation, freeing up your team to focus on more strategic tasks. Integration of Virtical with Simplify Platform is therefore not just an optimized solution for the health insurance sector, but also a catalyst for bringing about technological innovation within your organization.