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The Unsung Heroes: Navigating the U.S. Health Insurance Third-Party Administrator Market
When an employee files a claim for a visit to the doctor, who actually processes the paperwork, verifies their eligibility, and ensures the hospital gets paid? The answer, for a significant and growing number of U.S. health plans, is the Third-Party Administrator (TPA).
TPAs are the essential, administrative engine of the health insurance world, particularly for the surging self-funded health plan market.
They are the operational specialists who allow employers to manage the financial risk of their employee health benefits while outsourcing the immense logistical burden of running a health plan.
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