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Third-Party Administrator (TPA)

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated November 21, 2013.

Method by which an outside person or firm, not a party to a contract, provides specific administrative duties (including premium accounting, claims review and payment, arranges for utilization review and stop-loss coverage) for a self- funded plan. Entity may also handle payment of claims.

Originally published on January 20, 2013. Last updated November 21, 2013.
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