Sun Life U.S. and Claritev partner to speed supplemental health benefit payments

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2▲2 ▼0Impact / 5
Summary · why it matters

Sun Life U.S. and Claritev are collaborating to bring more efficiency to supplemental health coverage for self-funded employers. Claritev's machine-learning technology reviews medical claims to identify employees eligible for critical illness, accident, and hospital indemnity benefits, enabling Sun Life to proactively notify them and accelerate payments. The solution is available to any self-funded employer offering Sun Life supplemental health coverage, regardless of whether they are a stop-loss client, and is now open for quoting for policies effective January 1, 2027, and later, though it is not available in New York. Sun Life U.S. serves approximately 48 million Americans, while Claritev supports over 750 healthcare payers and more than 100,000 employers.

Impact on assets 2

Cloud & Digital Infrastructure▲
Claritev Corporation
CTEV
▲ PositiveDemandrelevance

Claritev's machine-learning technology is being adopted by Sun Life to process claims, expanding its client base and revenue.

Financials▲
Sun Life Financial Inc.
SLF
▲ PositiveTechnologyrelevance

Sun Life partners with Claritev to use AI for faster claim processing, improving service efficiency and client value.