Good Health TPA Services,Ericson Insurance ,Vipul Med Corp,Rothshield Healthcare, Dedicated Healthcare Services & Anyuta Insurance Tpa & Focus Health services TPA are final six nominees for the India’s Most Trusted & Valuable TPA Company award
TPA or Third Party Administrator (TPA) is a company/agency/organization holding license from Insurance Regulatory Development Authority (IRDA) to process claims - corporate and retail policies in addition to providing cashless facilities as an outsourcing entity of an insurance company.TPAs function as an intermediary between the insurance provider and the insured. The stakeholders involved are as follows: Insurance companies Healthcare providers Policyholders According to experts, providing cashless hospitalization of the insured should be the primary service offered by TPAs. It is important to note that some insurance companies have a separate department which performs the functions of TPA instead of outsourcing it to another entity. Introduced by the IRDA in 2001, TPAs handle various pertinent aspects of insurance. With Central and State governments rolling out health insurance schemes to cover those…