Understanding Insurance Third-Party Administrators (TPAs)
Introduction
In the complex landscape of insurance, Third-Party Administrators (TPAs) play a crucial role in streamlining operations and enhancing customer experience. TPAs serve as intermediaries between insurance companies, policyholders, and healthcare providers, ensuring efficient claims processing, policy administration, and compliance management.
What is a Third-Party Administrator?
A Third-Party Administrator (TPA) is an organization that manages various administrative functions of insurance policies on behalf of ins