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Third-Party Administrators (TPAs)

Third-Party Administrators (TPAs) are organizations that manage various aspects of insurance plans on behalf of insurance companies or self-insured entities. They handle administrative tasks such as processing claims, managing paperwork, customer service, and ensuring compliance with policies. Essentially, TPAs serve as middlemen, providing specialized services to streamline insurance operations, reduce costs, and improve efficiency. They are trusted experts that help insurance providers focus on their core functions while ensuring policyholders receive prompt and accurate service.