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Health Insurance Glossary (5) -INDIA

Posted by HannahSP on Sat, 19 Dec 2009

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Third Party Administrator(TPA)Third Party Administrators are the authorized claim settling agents of the Insurer. They scrutinize the expenses incurred vis-a-vis coverage under the policy. And ensure compliance of the policy terms and conditions and warranties and subject to the limit of sum insured.The insured needs to interact with them for settlement of claims. The TPA also empanels hospitals to be part of the network to facilitate cashless settlement of claims. 5 Important Tips On Health Ins... Read More

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