Proposed Obamacare repeal impact could be seen next year

Back-office service provider Hinduja Global Solutions (HGS), which earns nearly half of its revenues from health care-related services, has said the repeal of Obamacare in the US could impact its business in the next fiscal year.

The Donald Trump-led US administration has proposed to do away with Obamacare, or the Affordable Care Act, which brought a large number of Americans in the insurance net. The decision is pending as the US administration has now sought 90 days to resolve a lawsuit over the matter.

Companies such as HGS and other business process service providers are in the business of managing insurance claims