Importance of a TPA License in the Health Insurance Sector

A Third-Party Administrator (TPA) License is essential for improving efficiency in the health insurance industry. TPAs act as facilitators in the claims settlement process, ensuring policyholders receive timely assistance and insurers can manage claims without hassle. Licensed by the Insurance Regulatory and Development Authority (IRDA), TPAs play a critical role in ensuring smooth operations for health insurance claims. Learn how a TPA License helps companies and individuals thrive in the insurance ecosystem.