Who is a Third Party Administrator ?
A Third Party Administrator (commonly referred to as TPA) is an IRDA (Insurance Regulatory and Development Authority) approved specialized health care service provider. A TPA provides the insurance company with a variety of services like networking with hospitals, arranging for cashless hospitalization as well as claims processing & timely settlement.
Related Questions
- How can a medical provider identify a third party administrator by checking the Board website when requesting prior approvals or variances?
- What if I am unhappy with the services provided by the workers’ compensation third party administrator?
- What is the role of the Third Party Administrator (TPA)?