Third Party Administrator (TPA definition

Third Party Administrator (TPA means any organization or institution that is licensed by the IRDA as a TPA and is engaged by the Company for a fee or remuneration for providing Policy and claims facilitation services to the Insured / Insured Person as well as to the Company for an insurable event.
Third Party Administrator (TPA means any person who directly or indirectly solicits or effects coverage of, underwrites, collects charges or premiums from, or adjusts or settles claims on, residents of Oregon or residents of another state from offices in Oregon, in connection with life insurance or health insurance coverage; or any person or entity who must otherwise be licensed under ORS 744.702.
Third Party Administrator (TPA means a Company registered with the Authority, and engaged by an insurer, for a fee or by whatever name called and as may be mentioned in the health services agreement, for providing health services.

Examples of Third Party Administrator (TPA in a sentence

  • Training for its Third Party Administrator (TPA) was conducted on March 21, 2017.

  • The University shall contract with a carrier to serve as Third Party Administrator (TPA) for Section 125; those plans are premium pass-through, flexible spending account and dependent care account benefits for University employees.

  • Expected Claim Liability is determined by the stop loss carrier and/or Third Party Administrator (TPA) for the Contract Period, and/or actuary for the health care consultant.

  • The Board, in conjunction with the Chief Administrative Officer, will select a Third Party Administrator (TPA) to perform functions related to the administration of the Plan and recordkeeping of participant investment accounts, including: enrollment, exchanges, transfers, distributions, communication, performance and fee information, and periodic individual statements and benefit payments.

  • A Third Party Administrator (T.P.A.) fee will be paid by the employees that participate in the Plan.


More Definitions of Third Party Administrator (TPA

Third Party Administrator (TPA means such person or persons as may be appointed by the Company from time to time to provide assistance to the Insured in terms of this policy.
Third Party Administrator (TPA means the entity providing record keeping and administrative services to the Program.
Third Party Administrator (TPA. , means a company registered with the Authority, and engaged by an insurer, for a fee or remuneration, by whatever name called and as may be mentioned in the agreement, for providing health services as mentioned under these Regulations.
Third Party Administrator (TPA means the claims administrator for the Authorityfor the PLP. ARTICLE II: GENERAL
Third Party Administrator (TPA means an organization under contract with the State to administer claims under a group-insurance plan.
Third Party Administrator (TPA means any organisation or institution that is licensed by the IRDA as a TPA and is engaged by the Company for a fee or remuneration for providing Policy and claims facilitation services to the Insured
Third Party Administrator (TPA means any Company who has obtained licence from IRDA to practice as a third party administrator and is appointed by the Company.