What is the full form of TPA
TPA: Third Party Administrator
TPA stands for Third Party Administrator. A TPA is the representative of the health insurance company. It works as an intermediary between the insurance company and the insured person. Its main job is to settle the cashless as well as reimbursement claims related to hospitalization and related medical expenses. It holds the license from Insurance Regulatory Development Authority (IRDA) to process the claims.
Benefits of TPA
TPA benefits both the insurer and the insured. Some of its key benefits are as follows:
Some Popular Health Insurance TPA