AI-Based Synthetic Medical Claims Data Generation

In this episode of Get Plugged In, Dale Hall, Managing Director of Research at the Society of Actuaries Research Institute, welcomes Shea Parkes, Actuary and FSA, and one of the authors of the Society of Actuaries Research Institute report, AI-Based Synthetic Medical Claims Data Generation: A Practical Guide for Actuaries. The conversation explores how generative AI can be used to create realistic, privacy-preserving synthetic medical claims data to support research, model development, education, and actuarial analytics. Shea discusses why synthetic data is a promising solution for actuaries and healthcare researchers, how different data-generation approaches can support structure-focused and analytics-focused use cases, and what privacy considerations actuaries should keep in mind when working with AI-generated data. Listen in to learn more about the opportunities, trade-offs, and practical applications of synthetic medical claims data for the actuarial profession. Check out the report:  https://www.soa.org/resources/research-reports/2026/synthetic-medical-claims-data/ Visit our Artificial Intelligence landing page Send us your feedback at [email protected]