What is a Healthcare Third Party Administrator
A TPA is an administrative services provider delivering support for self insured (or self funded) health plans by processing medical insurance claims from doctors, hospitals, and pharmacies, answering your member phone calls and help your health plan stay in compliance with federal and state regulations. When you fund your health insurance yourself and retain the services of a TPA like Planned Administrators, Inc. (PAI) to administer the health, vision or dental plan, you have more control over your healthcare costs.