What is Spectrum’s policy on a case moving from one TPA to another?
On in-force business, Spectrum requires written notification from the policyholder in the event it wishes to change from one Spectrum-approved TPA to another approved TPA, off-anniversary or at renewal. If the take-over TPA is not currently approved by Spectrum, the in-force TPA must sanction the move and the take-over TPA must complete a TPA questionnaire and is subject to the same approval criteria as a prospect TPA. Approval is not automatic.
