n NISM Certifications
NSM General NISM
Medium

What is the role of a Third Party Administrator (TPA) in health insurance?

Practice question from IC 38 Mock Test 15 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    To issue insurance policies directly to customers

  2. To manage claims and provide cashless hospitalization services

    Correct answer

  3. C

    To set premium rates for insurance policies

  4. D

    To act as the regulator for health insurance

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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