Cambridge and Nationwide Better Health Form Strategic Partnership to Offer Integrated Disability Management Solutions

  • Enhanced Employee Productivity and Increased Savings for Employers

Bangalore, India – October 17, 2006: Cambridge Solutions Ltd. (“Cambridge”), one of the leading knowledge-based IT and BPO firms in the world, and Nationwide Better HealthSM, an integrated health and productivity management services company, have combined their respective expertise in a strategic partnership to offer Integrated Disability Management (IDM) solutions to help employers manage the complexities of employee absence and disability.

Extended and short-term employee absences can cost a company nearly 20 percent of its annual payroll in direct and indirect costs. The solutions to managing occupational and non-occupational absences are often complex and expensive. This new program provides employers with the tools to better track and analyze the root cause of employee absenteeism in order to increase productivity and maximize cost savings.

“Cambridge and Nationwide Better Health’s IDM solution is a consolidated and streamlined program that emphasizes early intervention, active case management, quality control, and realistic return to work options,” said Wesley O’Brien, president, Cambridge Integrated Services. “The program helps to reduce the duration of absences, control rising costs, minimize potential fraud and abuse, and deliver significant savings to the employer.”

Simple and efficient, the IDM solution is a unique offering that integrates services for workers’ compensation, short-term disability (STD), long-term disability (LTD), FMLA (Family and Medical Leave Act), other non-FMLA leave of absence services, disease management and health promotion.

“The goal of our solution is to help customers maintain a healthy and productive workforce,” said Bill Evans, president of productivity solutions, Nationwide Better Health. “With the IDM solution, we can create value for employers and provide a better experience for their employees.”

Getting Employees Back to Work
The IDM solution helps employers improve their bottom-line. Easy-to-use, the IDM solution offers:

Feature Benefit

Centralized and easy intake for all absences  through a single source under one program

Easier management; minimizes potential fraud and abuse

Early claims triage; with the help of a registered nurse to recommend the right level of services early in the process

Faster return to work

Flexibility to include any or all service offerings

Customizable program for individual employer needs

Consolidated data collection through online portal

Upfront access to find repeat claims between occupational and non-occupational filings

Knowledge of and administration in accordance with regulatory requirements

Helps achieve compliance with FMLA and statutory disability acts

Aggressive return-to-work initiatives

Helps control duration of absences

Proven administrative efficiencies

Immediate coordination of benefits among different types of coverages

About Cambridge Solutions Ltd.
Cambridge Solutions Ltd. (HQ: Bangalore, India; USHQ: Greenwich, CT) is a strategic global outsourcing firm with deep expertise in:

  • IT business consulting, application implementation, software engineering, maintenance and support services
  • Business process outsourcing (BPO) for insurance, banking and financial services companies; process consulting; transaction processing, finance and accounting back office support; claims and risk management services; inbound and outbound contact centers to support all of these activities; and other processes that require knowledge-based decision making.

The Company employs over 4,000 professionals serving customers on 4 continents through over 80 locations worldwide.  With offices in the USA, Europe, India, Singapore, and Australia, Cambridge serves Fortune 500 firms, insurance and financial services companies, and public entities around the world.

The company’s BPO subsidiary was named one of the top three performing BPO companies by Global Services media and neoIT in 2006, and was recently ranked as the 28th leading outsourcing company in the world in the International Association of Outsourcing Professionals (IAOP)’s “2006 Global Outsourcing 100” list, that appeared in a special advertising section in Fortune Magazine. The Company is listed on the major stock exchanges of India (BSE, NSE, MSE & ASE) under the ticker “CAMBRIDGE”. For more information, visit: www.cambridgeworldwide.com.

About Nationwide Better Health
Nationwide Better Health provides a better approach to helping employers plan their health and absence management programs more effectively, reduce health care costs and increase productivity. Nationwide, based in Columbus, Ohio, is one of the largest diversified insurance and financial services organizations in the world, with more than $157 billion in assets. Nationwide ranks #98 on the Fortune 100 list. The company provides a full range of insurance, financial and health management services. The Nationwide companies include the country’s seventh-largest property/casualty, the fourth-largest homeowners, the sixth-largest auto insurance group, and the country’s largest farm owners' insurer. Nationwide Life Insurance Company, the major subsidiary of Nationwide Financial, ranks 11th in assets according to A.M. Best. For more information, visit www.nationwide.com/betterhealth or call 866-404-NWBH (6924).

The Nationwide framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company.  Nationwide Better Health is a service mark of Nationwide Mutual Insurance Company.

Safe Harbor
Certain statements in this release are forward looking statements which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, intense competition in IT services, including those factors which may affect our cost advantage, wage increases in India, our ability to attract and retain highly skilled professionals, time and cost overruns in fixed price, fixed time frame contracts, client concentration, restrictions on immigration, our ability to manage our international operations, reduced demand for technology in our key focus areas, disruptions in telecommunication networks, our ability to successfully complete and integrate potential acquisitions, liability for damages on our service contracts, etc. The company does not undertake to update any forward looking statement that may be made from time to time by or on behalf of the company.

Media Contacts:

Melissa Arulappan
Corporate Voice|Weber Shandwick
Phone: (91) 98450-22389
melissa@corvoshandwick.co.in

Pradeep Chaudhry, CFO
Cambridge Solutions Ltd.
Phone: (91) 98860-10174
pradeep.chaudhry@cambridge-asia.com

Satyen Patel, Exec Vice Chairman
Cambridge Solutions Ltd.
Phone: (91) 99456-89631
satyen.patel@cambridge-eu.com

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