Third party administrator definition

Third party administrator means an administrator operating under a certificate of authority issued by the commissioner pursuant to the third party administrator act.

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Third party administrator or "administrator" means the same as that term is defined in Section 31A-1-301.

Third party administrator means an independent associa- tion, agency, entity or enterprise which, through a contractual agree- ment, provides one or more of the following ongoing services: Pool management or administration services, claims administration services, risk management services, or services for the design, implementation, or termination of an individual or joint self-insurance program.

Examples of Third party administrator in a sentence

• Third Party Administrator shall provide services to the Employer.

• Vendors will process transactions and send electronic records to Third Party Administrator.

• The Employer agrees to retain Third Party Administrator and Third Party Administrator agrees to provide services to the Employer for a period of three years, commencing on the Effective Date and terminating at the end of the twelfth month thereafter, unless earlier terminated pursuant to the terms of this Agreement (the "Contract Term").

• Third Party Administrator agrees not to accept any payments from vendors except as provided herein.

• In the event that the Third Party Administrator is liable for any federal compliance violations under the terms of this Agreement, the Third Party Administrator shall provide for correction of the violation(s) by the least expensive method, which alleviates all liability for the Employer in a reasonable time frame for the matter involved.

More Definitions of Third party administrator

Third party administrator 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 means an entity that processes claims under a service contract and that may also provide 1 or more other administrative services under a service contract.

Third party administrator or "administrator" means a person who collects charges or premiums from, or who, for consideration, adjusts or settles claims of residents of the state in connection with insurance coverage, annuities, or service insurance coverage, except:

Third party administrator means the claims administrator which provides customer service and claims payment services only and does not assume any financial risk or obligation with respect to those claims.

Third party administrator means the Third Party used to collect and verify safety pre-qualification pursuant to Buyer’s Contractor Safety Program Requirements. As of the Execution Date of this Agreement, PG&E’s Third-Party Administrator is ISNetworld.

Third party administrator means a third party that enters into an agreement with the

Third party administrator or "TPA" means Pentegra Services, Inc., a non-fiduciary provider of administrative services appointed and directed by the Plan Administrator or the Named Fiduciary either jointly or severally.