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VILLAGE OF ALMOST Request for Proposals Third Party Administrator of MSH DA CBG RentalRehab Program Issued by Almost Downtown Development Authority 4/8/2011 SECTION 1 GENERAL INFORMATION II Purpose
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Third party administrator (TPA) is a company that processes insurance claims or certain aspects of employee benefit plans on behalf of an insurance company or employer.
Insurance companies or employers who use the services of a third party administrator are required to file third party administrator reports.
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The purpose of a third party administrator report is to provide transparency and oversight over the claims processing and benefit administration services provided by TPAs.
The report must include details of the number of claims processed, types of benefits administered, any complaints received, and any other relevant information requested by the regulatory authorities.
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