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.

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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 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.

Examples of Third Party Administrator (TPA) in a sentence

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.
A Third Party Administrator (T.P.A.) fee will be paid by the employees that participate in the Plan.
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.
The Association and the District agree that the Third Party Administrator (TPA) may waive certain prescription drug (RX) Copays for bargaining unit members enrolled in the POS/PPO plan who switch from certain brand (or generic) drugs to other brand (or generic) drugs (including, without limitation, both pharmacy-dispensed and over-the-counter drugs), during certain periods of time (a “Copay Waiver”).

More Definitions of Third Party Administrator (TPA)

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 CMS contractor responsible for administering the requirements established by the Secretary to carry out section 1860D-14A of the Act.

Third Party Administrator (TPA) means any entity utilized in accordance with the provisions of this chapter of the Administrative Code to manage or administer a portion of services in fulfillment of the provider agreement with ODJFS.

Third Party Administrator (TPA) means any person or entity that, for the time being, is licensed by the Insurance Regulatory and Development Authority as a TPA and is engaged for a fee or remuneration by the Company for the provision of health services under this Policy.

Third Party Administrator (TPA) means an agency which has been licensed by the Insurance Regulatory and Development Authority to work as TPA and to whom the Company have engaged for fee or remuneration to provide health benefit services to Member(s) under this Policy.