// <![CDATA[ // <![CDATA[ // &lt;![CDATA[ var _gaq = _gaq || []; _gaq.push([&#39;_setAccount&#39;, &#39;UA-857684-6&#39;]); _gaq.push([&#39;_trackPageview&#39;]); (function() { var ga = document.createElement(&#39;script&#39;); ga.type = &#39;text/javascript&#39;; ga.async = true; ga.src = (&#39;https:&#39; == document.location.protocol ? &#39;https://ssl&#39; : &#39;http://www&#39;) + &#39;.google-analytics.com/ga.js&#39;; var s = document.getElementsByTagName(&#39;script&#39;)[0]; s.parentNode.insertBefore(ga, s); })(); // ]]&gt; // ]]> // ]]> The US elections areContinue reading “US elections are over- both parties need to work for business growth and jobs”
Category Archives: Insurance
Selling loans as a product: US Mortgage market and India Microfinance
If you are not a banker it’s difficult to visualize loans as a product that everyone is pressured to sell on the banking side of the transaction. This insight came up during a discussion with some friends involved in pioneering microfinance in India.
[Note: This post from October 25, 2010 was updated on May 31, 2021 for formatting issues.]
Robo-signing foreclosure mess – applying auto assembly Taylor logic to services?
Fredrick Taylor famously did “time and motion” studies to improve productivity in the automobile industry. The American auto worker, pressured to produce more – did always honestly give a bolt the number of turns required. We seem to not understand how or if Taylor’s principles apply to the service economy. It now turns out thatContinue reading “Robo-signing foreclosure mess – applying auto assembly Taylor logic to services?”
B2B contact and verification by patients may be the solution to Medicare Fraud
The 60 minutes story on Medicare fraud (September 2010) highlights a service verification problem that could be potentially tackled by B2B contact and verification. Medicare fraudsters’ modus operandi is to get a list of Medicare patients and just bill Medicare for fictitious supplies to patients. One preposterous example is of a retired Judge who wasContinue reading “B2B contact and verification by patients may be the solution to Medicare Fraud”
Understanding the business and running the software- are these some new jobs coming up?
var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-857684-6']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://ssl' : 'http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); I was trying to find one bit of good news in the dim job outlook reportContinue reading “Understanding the business and running the software- are these some new jobs coming up?”
Implementing Insurance for the Uninsured- a view from Hartford Connecticut -The Insurance Capital of the World
We are near Hartford, Connecticut the Insurance capital so my views are biased in favor of the industry. More so when I learnt that Aetna Chairman and CEO Ronald Williams has regretfully announced 1200 job cuts in the next four months.
Health Care and Patient Information Online
In all the health care debate – the question of patient information sharing is not getting enough importance. Should it? Probably yes if you see how doctor's offices and hospitals struggle with trying to keep track of information. Just think how many times you repeat the answer to your allergy question!! On the provider sideContinue reading “Health Care and Patient Information Online”
Managing risks, actuaries and lessons from AIG- where was the human factor?
var gaJsHost = (("https:" == document.location.protocol) ? "https://ssl." : "http://www."); document.write(unescape("%3Cscript src='" + gaJsHost + "google-analytics.com/ga.js' type='text/javascript'%3E%3C/script%3E")); try { var pageTracker = _gat._getTracker("UA-857684-6"); pageTracker._trackPageview(); } catch(err) {} Actuarial sciences are primarily mathematical and depend on past data. Since there was no past data the risk of insuring the mortgage-backed securities was underestimated. AIG insured banksContinue reading “Managing risks, actuaries and lessons from AIG- where was the human factor?”
Medical Outsourcing
Had been hearing about this since last year and now the Time magazine article has done an excellent piece on medical outsourcing. Consider this from the article that at current rates US would be spending $1 out of every $5 of GDP on health care by 2015. Yet, 1 out of 4 Americans would beContinue reading “Medical Outsourcing”