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Explaining the role of TPA in health insurance.

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  Health insurance can be a real saviour in case of a medical emergency! A good policy will ensure you never have to worry about the cost of treatment and that you focus fully on getting better. You just get to a cashless hospital that is covered under your policy and everything is taken care of for you. But have ever stopped to wonder how things are so streamlined and simple? Well, a lot of credit for the seamless experience goes to Third Party Administrators, or TPAs as they are better known. This article will explain what TPAs are and tell you what their role is in health insurance . Read on to know more! So, what are TPAs? TPAs are IRDAI authorised bodies that act as intermediaries between you and your insurance company. They provide a host of services on behalf of your insurance provider and ensure you have a smooth claim process. Claims assistance: Topping the list of important things that a TPA does is claim assistance. In case of a cashless claim, all you need to do is info...