What is THIRD-PARTY ADMINISTRATOR (TPA)?

Written by Pam MS, NCSP | Fact checked by Psychology Dictionary staff 

with regard to health insurance, a fiscal intermediary establishment which renders administrative services, inclusive of underwriting and claims processing, for other parties, but doesn't carry ay insurance risk.

THIRD-PARTY ADMINISTRATOR (TPA): "Third-party administration is beneficial in allowing insured parties to feel certain that their claims are treated with fairness."

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