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AM Best Announces Winner of 2023 Student Challenge

AM Best has announced that Hannah Youngblood from Florida State University is the winner of AM Best’s 2023 Student Challenge for her proposal to create a telemedicine platform for prescriptions that would address the issue of inadequate insurance coverage and high prescription costs.

The nationwide competition tasked risk management and insurance students with creating innovative solutions for insurance risks. In addition to Youngblood, six students from University of Wisconsin—Madison were finalists in the competition, which was open to undergraduate and graduate students, who were invited to submit as individuals or in teams of two.

With her telemedicine platform, Youngblood aims to save lives by improving access to prescriptions and reducing the 125,000 annual deaths due to poor prescription access. It would educate, inform and compare, providing a reliable, affordable and accessible solution for prescription management.

“Existing applications like Optum, CVS, Walgreens, GoodRx and Mark Cuban's Cost Plus could be integrated into this platform to provide users with a one-stop solution for finding the best prescription prices,” Youngblood explained. “By consolidating these services, the platform would benefit the 43% of inadequately insured Americans and the 66% of Americans with prescriptions.”

Potential platform expansions could include prescription reminders, an informational drug database, a medical care provider database and partnerships for discounts on certain drugs.

AM Best’s 2023 Student Challenge is sponsored by the AM Best Foundation, which financially supports charitable organizations that encourage education and thought leadership in insurance and risk management.

“The innovative ideas proposed by these students show a bright future for the insurance industry,” said Lee McDonald, group vice president of AM Best - Information Services.

To view interviews with Youngblood, as well as the other finalists, please visit AM Best's 2023 Student Challenge landing page.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City. For more information, visit

Copyright © 2023 by A.M. Best Company, Inc. and/or its affiliates. ALL RIGHTS RESERVED.


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