Author Question: Identify and describe the responsibilities of a Third-Party Administrator (TPA). What will be an ... (Read 60 times)

joblessjake

  • Hero Member
  • *****
  • Posts: 555
Identify and describe the responsibilities of a Third-Party Administrator (TPA).
 
  What will be an ideal response?

Question 2

Calculators able to perform higher order mathematical calculations are widely available. So, why is it still necessary for people working in clinical and laboratory settings to know how to use exponential numbers and logarithms?
 
  A) Errors are easily introduced in the typing of values.
  B) There may be instances when calculators are unavailable.
  C) To double-check values obtained from calculators
  D) All of the above



sarahccccc

  • Sr. Member
  • ****
  • Posts: 318
Answer to Question 1

Answer:
A third-party administrator (TPA) is a professional firm that is under contract by the insurance company to deal solely with administering the eligibility and claim payment services including all of the paperwork (and various other administrative services) for self-funded benefit plans. The administrator provides all of the equipment and personnel required to meet the plan's needs. In turn, the plan supplies the funds or monies needed for payment of the administrator's services and for amounts paid out for claims. In contrast, the insurance company handles all plan administration, provides all of the equipment and personnel required, and supplies the funds for claim payments.

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

For a complete list of videos, visit our video library