Wednesday, July 25, 2012

Worries grow as healthcare firms send jobs overseas: ObamaCare Inspires Insurers to Move Jobs Out of America

The L.A. Times reports:
After years of shipping data-processing, accounting and other back-office work abroad, some healthcare companies are starting to shift clinical services and decision-making on medical care overseas, primarily to India and the Philippines.

Some of the jobs being sent abroad include so-called pre-service nursing, where nurses at insurance firms, for example, help assess patient needs and determine treatment methods.
There's more:
Moreover, the healthcare reform law could prod insurers to move more jobs to cheaper-wage countries. The new law requires companies to spend 80% to 85% of premiums on medical care, limiting the amount available for administrative expenses.
Thanks ObamaCare!