Question

How does a Third Party Administrator (TPA) facilitate a cashless service for health insurance?

a.

By charging additional fees to policyholders

b.

By covering expenses beyond the policy limits

c.

By providing unique identity cards for hospital admissions

d.

By directly paying the network hospital for admissible amounts

Posted under IC38 Life Insurance Agent Exam

Answer: (d).By directly paying the network hospital for admissible amounts Explanation:A TPA facilitates cashless service by directly paying the network hospital for admissible amounts, allowing insured individuals to access healthcare services without making payments at the hospital.

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Q. How does a Third Party Administrator (TPA) facilitate a cashless service for health insurance?
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