Instead of purchasing group health insurance,many employers now self-fund health benefits for their employees. Who normally administers such a self-funded health program?

Question

Quizplus · Accepted Answer

A third-party administrator (TPA) normally administers self-funded health programs for employers. The TPA manages claims, provides customer service, and handles other administrative tasks on behalf of the employer. This allows the employer to have more control over their healthcare costs and tailor their program to the specific needs of their employees.

Instead of Purchasing Group Health Insurance,many Employers Now Self-Fund Health