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Do TPAs have additional requirements when they contract with an insurer?

April 26, 2017additional contract insurer requirements tpas

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Do TPAs have additional requirements when they contract with an insurer?

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Yes. When the services of a TPA are utilized, the TPA is to provide a written notice to the policyholder identifying the relationship between the TPA, policyholder, and the insurer. The notice must be approved by the insurer.