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THIRD PARTY ADMINISTRATOR ANNUAL REPORT for  Form

THIRD PARTY ADMINISTRATOR ANNUAL REPORT for Form

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hi everybody Jennifer Blen Smith with integral Clinic Solutions and you're watching my YouTube channel navigating the business of [Music] medicine today I want to talk about thirdparty administrators or TPA as they're referred to you may have not heard of this before and maybe you have or maybe you don't realize that's what these are considered once I start explaining what they are and you're going to be like oh okay I didn't know that's what they're called third-party administrators are a company that will be hired by an insurance company or a big employer that is self-insured to be the administrators of their insurance plans their medical insurance plans basically it's a third-party outsourced company that takes care of all the administrative burden for either big commercial insurance companies or like I said big companies who are self-insured and they need someone to take on all of that responsibility third party administrators are usually a lot cheaper to use than going through a s

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