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Commerce · Q428

Insurance

Graduate and Post Graduate · Commerce · question 428

Q428

The term TPA refers to _________. (Answer with regards to health insurance)

A.
The Primary Associate
B.
To Provide Assistance
C.
Third Party Administrator
Answer
D.
Third Party Assistance

Answer: Option C

Solution

Answer: Option C
Solution:
The term TPA refers to Third Party Administrator. Third Party Administration (TPA) is a service given to a Mediclaim policyholder by providing cashless facility for all hospitalizations that come under the scope of his/her Mediclaim policy.