In particular, outsourcers can expect to benefit from insurers’ need to minimize administrative costs, Mr. Mukerji says, citing a recent Deloitte Center for Health Solutions study showing that up to 41 percent of the cost of a health plan is administrative.
The US healthcare reform offers a "natural extension" of the back-office outsourcing that Indian companies already specialize in, says Tu Packard, a senior economist with Moody's Economy.com.
Outsourcing comes to America But some services in the US healthcare industry cannot be outsourced beyond America's borders due to regulations. That’s one reason major Indian outsourcing firms have set up shop in the United States. In a twist, America's outsourcers are now outsourcing back to America.
The addition of 32 million insured Americans is “very significant” for Indian outsourcers, says Ananda Mukerji, chief executive officer of Firstsource Solutions in Mumbai. Companies like his will see “increased opportunities” as US health insurers and hospitals scramble to reorganize to comply with the new law, he wrote in an email to the Monitor.
Answer by grlygrlz2 at 9:20 AM on Apr. 8, 2010
Answer by Carpy at 9:32 AM on Apr. 8, 2010
Wow, more jobs for foreigners in other countries no less. Color me not surprised. Weren't the big wigs in the WH supposed to be working on jobs here at home? Or was it just jobs - regardless of how many of our citizens are unemployed? I can never decipher their double talk.
Answer by QuinnMae at 9:40 AM on Apr. 8, 2010
Answer by grlygrlz2 at 9:43 AM on Apr. 8, 2010
Yeah, I heard about this yesterday. In Mumbai, they are already gearing up for the extra work they will get. If it will create that many jobs, why are they being out-sourced? Why aren't they being filled here? Oh, our taxes are too high and the unions have made the salaries so inflated that employers can't afford US labor. I forgot.
Answer by jesse123456 at 10:45 AM on Apr. 8, 2010
that up to 41 percent of the cost of a health plan is administrative.
Like I've been saying from the beginning (do a search), that's a huge part of our hc problem. $$$ and time spent on shuffling (losing) papers.
Answer by Sisteract at 10:52 AM on Apr. 8, 2010
I am currently trying to out process of one military base and onto another. The government has a different form I have to send to each and every DR in order to be able to out process. It doesn't matter that my insurance company has electronically sent over files.(Similar to that new gov computer record system) The government has a way they do things. Even if it is redundant.. Have to keep those government contractors employed. I forsee something similar to this expensive paper suffling crap being pushed on to taxpayers when the IRS is involved in healthcare.. All compliments of BO-Care..
Answer by grlygrlz2 at 11:02 AM on Apr. 8, 2010
Answer by Anonymous at 11:13 AM on Apr. 8, 2010
Answer by 29again at 1:07 PM on Apr. 8, 2010
Answer by gdiamante at 2:41 PM on Apr. 8, 2010
Next question overall
Would you be upset if your child dated someone outside of your race?