A health insurance company is referred to as the _____ party.

Question

Quizplus · Accepted Answer

In insurance, the person or party who buys the insurance policy is referred to as the first party, the insurance company is the second party, and any other person or organization involved in a claim or loss is the third party. As the health insurance company is not the policyholder or the insured individual, it is referred to as the third party. Therefore, the correct answer is C.

A Health Insurance Company Is Referred to as the _____