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Fortune
Fortune
Jason Ma

This practice in the health insurance industry may have 'gotten out of control,' Wall Street analyst says

(Credit: Getty Images)
  • Some people think using artificial intelligence for so-called "prior authorizations" in the healthcare industry has become too excessive, fuelling public anger at insurance companies. "That's where I think there should be a healthy debate because maybe that has gotten out of control," said John Ransom, director of healthcare research at Raymond James.

Health insurance stocks jumped after Donald Trump won the presidential election on expectations for deregulation in the industry, but shares tumbled after the killing of UnitedHealthcare CEO Brian Thompson.

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