Assurant Health and Zensar Technologies have just formed a strategic alliance that will span five years and enable the companies to work on the development and implementation of information technology support for a new suite of business applications. This newly inked agreement comes months after the government unveiled a set of new health-related regulations including: Patient Protection and the Affordable Care Act.
As part of what is know as Obamacare, the Patient Protection and Affordable Care Act (PPACA) represents the most significant governmental expansion and regulation revamp of the U.S. healthcare system since 1965. PPACPA was designed to help decrease the overall costs of healthcare, while also decreasing the amount of American’s currently uninsured.
The new regulations require healthcare insurance companies to cover all applicants (regardless of pre-existing conditions) and offer the same rates to all those who apply for insurance regardless of gender.
Assurant Health, which provides health insurance products for consumers, needs an updated suite of products that will help keep it in line with these new changes, as well as streamline its administrative, underwriting, and claims processing departments. This new deal with Zensar Technologies, an RPG Enterprise company, will do just that.
“We are happy to announce that as part of this new five-year engagement, Zensar will assist Assurance Health in implementing the infrastructure necessary to comply with the Patient Protection and Affordable Care Act,” said Chris Dowler, chief information officer, Assurant Health, in a statement. “Working with Zensar we can increase productivity and enhance the value of our investments in Assurant Health IT initiatives.”
The agreement will put Zensar in charge of developing, testing, and maintaining the new suite of business applications. In addition, Zensar will now be known as Assurant’s preferred IT provider.
“Zensar has had a solid partnership record with Assurant over the years, and we are delighted to make this announcement,” added Ganesh Natarajan, chief executive officer, Zensar Technologies. “Insurance and healthcare are both focus verticals for our company in North America and this deal falls in the sweet spot of our growth.”
Edited by Jamie Epstein