Startup data245 Utilizes Machine Learning to Predict and Reduce Employee Benefit Healthcare Spend

Bannockburn, IL, September 03, 2019 –(– data245, the country's first machine learning company dedicated to employee benefits and employer health plans released a series of algorithmic reports that predict the future of employer health care expenses. Paul J. Burt, data245’s founder, explains: “One of reports is available, at no cost, to groups in excess of 1,000 full-time employees, to demonstrate the value of data science.” “Our reports have produced surprising results, thus far. Initially, we focus on mortality, morbidity and prescription drug use and abuse. Surprisingly, we are finding that…

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Tesla Insurance launches, sending the electric vehicle maker into a new industry

Tesla Insurance - Tesla Car - Steering wheel

At first launch, the auto coverage will be available only in California and for the company’s customers. The Tesla Insurance coverage for the company’s electric vehicles and that was first announced earlier this year has now launched in California. The idea is to make premiums 20 percent to 30 percent more affordable for drivers of Tesla’s electric cars. Elon Musk first announced his intentions to launch the product back in April 2019. At that time, Elon Musk had assumed that the Tesla Insurance product would launch quite quickly. That said,…

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