Definition of Third Party Administrator

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TeachMeFinance.com - explain Third Party Administrator



Third Party Administrator

The term 'Third Party Administrator ' as it applies to the area of Medicare in the United States can be defined as ' Business associate that performs claims administration and related business functions for a self-insured entity'.

The term 'Third Party Administrator ' as it applies to the area of Medicare in the United States can be defined as ' An entity required to make or responsible for making payment on behalf of a group health plan'.


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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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