Question

How does a Third Party Administrator (TPA) typically get remunerated for the services it provides?

a.

By receiving a percentage of the insurance premium

b.

By getting paid directly by the insured individuals

c.

In the form of fees

d.

Through commissions from hospitals

Answer: (c).In the form of fees Explanation:The TPA typically gets remunerated in the form of fees for the services it provides to the insurer.

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Q. How does a Third Party Administrator (TPA) typically get remunerated for the services it provides?

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