[The Third Party Administrators].

Abstract

This article is about health insurance-related and Third Par!y Administrator services in India. Health Insurance in India is still at an early stage: only about 14% of the entire population has taken out insurance. There is a large chunk of the population without any insurance coverage. Third Party Administrators (TPA's) are intermediary between Insurance companies. Hospitals (Providers) and Insured Parties (Corporate or Individual). Indian Health Insurance is growing at the rate of almost 30% per year. The government of India is launching a lot of schemes to cover the population, especially in rural parts of the country. Current market size is almost Rs 22000 Crores.