#1 Why no one talks about that this massive lay off its because of the PAY CUTT there going to have in the next 2 year from Medicare, and Med Advantage Insurances ( AARP aka UNITED that owns Optum) .say the truth! You need to adjust not to go broke!
Its not about patient care...its about making more money to stay open. The layoff needed to happen! Do your research fallow the trai!
7 replies (most recent on top)
It’s not right but the truth is offshore costs way less than U.S based staff. For perspective, an average grade 27 role for analyst for U.S staff ranges from 75-90k annually. The equivalent grade doing the same job in the same dept makes 32-35k (dollar equivalent) annually!!!!! EVP will choose the outsource.
The first post got it right, the story is UHG are offshoring American jobs. Acting like there is a business reason to be international besides short term salary savings which is lowering the quality of the staff skill sets and experience! I can’t anymore but there was a time I could prove Indian workers had access to HIPAA protected medical data from the states. Someone blow the lid off this thing and save this company from being the enemy!
On Medicare and Medicaid to be on shore, how many offshore has access to production db, analytics, daya warehouse? That should anso your question.
If you’re talking Medicare and Medicaid, a vast majority of this business has offshore restrictions so you can’t offshore the work.
While you're not wrong about the off-shoring, that is not new. The neutral headcount plan was before the CMS ruling to drastically reduce Medicare Advantage payments (finalized in March and currently in effect). That is 99% of why he layoffs are happening. It's a major financial blow to the majority of the revenue. Neutral headcount is gone, expect more downsizing.
How much profit did these pirates make fiscal reporting?
For crying out loud, the story is NOT just the layoffs. The story is that an immensely profitable USA healthcare organization, that presumably gets a lot of USA government contracts, is shifting its workforce OFFSHORE while laying off thousands of USA workers and putting the health information of Americans, into non-American hands. Most countries do not allow this.
The media keeps making it sound like oh noez, the economy is bad, pity the poor mega organizations having to lay off people. Just look at the stock. These layoffs do. not. have. to. happen at this scale