Question

What does the term "third party administrators" (TPAs) refer to in the context of the health insurance market?

a.

Medical professionals who assist with insurance claims

b.

Independent regulatory bodies overseeing insurers

c.

Agents who sell insurance policies to policyholders

d.

Organizations that assist in processing health insurance claims for insurers

Answer: (d).Organizations that assist in processing health insurance claims for insurers Explanation:"Third party administrators" (TPAs) are organizations that assist in processing health insurance claims for insurers in the health insurance market.

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Q. What does the term "third party administrators" (TPAs) refer to in the context of the health insurance market?

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