... but why replace us with cheaper labor?
We have mouths to feed here. Back-to-school things to buy. Our economy is struggling.
So what? We can go without so that the company can save money and then save face by paying someone overseas to do our jobs for pennies?
Make it make sense. We need to survive and UHG has the money to pay us.
Its a wonder NPS is so bad..............company says one thing does another
Also Medicaid redeterminations are a huge factor, esp for C&S. We've lost thousands of members over the past year and that costs the company lots of money.
Costs would go down if we didn't keep building bridges to no where! How many new systems need to be created to do the exact same thing? Quality isn't even a "thing" anymore, it is an after thought.
if you don't like having the american healthcare industry send your jobs offshore, contact your state representatives. this is not the fault of our offshore co-workers, but the fault of our own government who is allowing this. the ones that we elected. remember, the stock may go up for shareholders and the bonuses increase for the non-american leaders of this company, but our healthcare costs will NOT go down.
The poster isn't wrong. Cms changed what codes could be considered risk. Risk increases the amount we get for members to provide the extra services and care necessary to support someone with higher medical issues. So when we cannot make an extra billion in risk adjusted payments, have to decrease loss by transferring the work to other companies, cutting employees or god forbid, finding new growth opportunities... Our new growth opportunities appears to be creating an extremely expensive lobbyist position for former head instead.
"... but why replace us with cheaper labor?"
why? because the candyman looketh after his own.
Agree. I think the person posting "CMS final notice on the ICD10" as reason for this layoff is company planted insider - seems like at least a spoks person. Is across so many chats like a campaign.
Level 29 or 30 what is the severance packagae?
No, it is totally around and caused by cost and financial headwinds brought on by the CMS final notice on the ICD10 codes that were changed. The enterprise had to make business decisions to align G&A costs to lower forecasted revenue due to the administration's changes to reimbursement codes. My area had to develop the business case for the Optum part of this. It stinks so many have to be let go due to this.
It’s a sad, hard truth that all the company cares about is the bottom line so that the stock goes up. At the highest level, they get paid (basically) in stock so if they can make it go up, they make a ton of money. That’s all it is.. greed, making sure leaders keep their jobs and stakeholders are happy.