It was only natural that we appoint a regional program manager to manage this growing region and we are excited by the possibility of this expansion.
Raleigh, N.C. (PRWEB) August 23, 2012
(Raleigh, N.C.) Vetted International, Ltd. has appointed a new regional program manager for East Asia to oversee the management of care for injuries and claims investigations in the East Asian corridor. This includes injuries and medical care covered under the Defense Base Act (DBA) and the investigation and management of foreign voluntary compensation claims. The areas in which Vetted now operates include: China (including Hong Kong), Japan, South Korea, Thailand, Vietnam, Cambodia, Laos, the Philippines, Indonesia, Singapore and Malaysia.
Several American and international businesses have increased their operations in Asia due to a recession in America and Europe. While Europe and the United States have been experiencing a recession, the GDP of many countries in Asia has been increasing six to twelve percent and many American and international businesses are positioning themselves to capitalize on this growth. “The world is increasingly looking towards Asia and foreign business operations within Asia have been increasing exponentially in the past decade. Naturally, so have the claims. Furthermore, Americans and Asians work outside of their country of record and require medical care or evacuation to their home country,” added Brian Sjostedt, president and CEO of Vetted International. “It was only natural that we appoint a regional program manager to manage this growing region and we are excited by the possibility of this expansion,” he added.
In addition to burgeoning foreign business operations in Asia, numerous third country nationals assisting U.S. government contracts abroad are Asian and when they are injured assisting U.S. government operations, their care must be managed. They often must be repatriated and their medical care with further treatment must be managed and continued in their home country. Several U.S. contractors on military bases in Asia are injured and their care must be managed according to western standards.
Civilian contractors in support of United States strategies abroad are covered by a 1941 law titled the Defense Base Act (DBA). The DBA covers civilian contractors in a similar fashion as a traditional state worker's compensation policy; however, there are many challenges that are difficult to overcome without a physical presence in the areas in which losses occur. Vetted initially provided that presence throughout the world to act as liaisons to expedite claims handling. As those challenges became more evident, Vetted expanded its services to include medical management and treasury services.
Vetted International has maintained certification in their proficiency of those required AMA guidelines from the American Board of Independent Medical Examiners (ABIME). Vetted International is recognized as the industry subject matter expert in DBA medical management and understands the complexities of evaluating impairment per American Medical Association (AMA) Guidelines.
About Vetted International:
Vetted International is a corporate and government solution based company headquartered in Raleigh, North Carolina, USA. Vetted utilizes a global network of integrity driven local national professionals to minimize risk and implement responsive action plans in various permissive & non-permissive environments. Foreign and domestic insurance companies, financial institutions, government departments & ministries, government agencies & contractors, and healthcare organizations have relied on Vetted's unique capabilities in over 50 countries worldwide.
Vetted International has been accredited by the Better Business Bureau in that it meets all standards including a commitment to make good faith efforts to resolve consumer complaints.
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