Third Party Administrator (TPA)

What is Third Party Administrator (TPA) ?

‘Third Party Administrator’ or ‘TPA’ refers to those agencies that handle the administrative duties of a specific process for other companies. The most common kind of TPA are the insurance providers who undertake all the administrative duties related to it by themselves.

Companies seek out TPAs to outsource these non-core processes so that the in-house staff can be occupied with the core business related processes. TPAs are generally common in the healthcare industry where the process is quite complex and requires an experienced staff to handle it well.

However, one must note that the TPAs simply handle the administrative duties. They do not possess any legal or financial responsibility towards the process they are handling.

More HR Terms

Cognitive Computing

What is Cognitive Computing?   ‘Cognitive Computing’ refers to the kind of computing which employs the fields of artificial intelligence and signal processing for computing.

Five Factor Model (FFM)

What is Five Factor Model (FFM) ?    The ‘Five Factor Model’ is a model based on the ‘Big Five Personality traits’, which are:  

Contact Us

Contact Us

We use cookies on our website to provide you with the best experience.
Take a look at our ‘privacy policy’