Bangalore: The Indian Information technology sector is said to benefit from the Patient Protection and Affordable Care Act, which is more popular as ‘Obamacare’. They can expect deals which are worth more than billions; up to $22 billion (Rs 1.2 lakhcrore), reports Harsimran Julka of Times of India.

Obama Care is a national health care plan which makes it compulsory for individuals to maintain minimal essential health insurance coverage; otherwise they will have to pay penalty.

It is estimated that around 30 million Americans will buy healthcare insurance, which will result in several new projects such as data conversion, formation and management of electronic health records, and claims processing and insurance sales.

ACS-Xerox, Hewitt, Mercer and ADP, some of the leading global companies in healthcare benefits administration have established large branches in India and they are likely to outsource their work to these branches. There are about 6000 employees in ADP’s branch in India and 2000 in Mercer. United Health Group, the largest insurer in America has a BPO unit in Gurgaon with 2000 workers.

These units based in Gurgaon manage the healthcare benefits for US workers. Apart from this, prominent firms such as Infosys, iGate Patni, Cognizant, Genpact, TCS and Wipro which have insurance practices gives technologies to insurance giants.

‘’With the new reforms, even single physicians would have to centralise records and convert them into digital format. It will benefit the Indian IT-BPO companies hugely," said Ameet Nivsarkar, vice-president of Nasscom.

"Although these reforms will take a number of years to come into effect (from 2014), we're seeing buyers looking at outsourcing as an option to understand the reforms, navigate the complexities and identify new savings potential," said Rajesh Ranjan, research director at Everest Research.