Health insurance in India has been limited to the persons who can afford it and second was the workers of formal group. The health insurance infrastructure is facing many problems and challenges to meet the health goals and complexities. In Indian scenario, the problems and challenges of health insurance industry has been much talked about but less understood.
There was a substantial growth of health insurance in India between 2000-2010. A new act IRDA, 1999 was enacted which allowed private players to enter the insurance sector. With the IRDA act, Third Party Administrators-Health insurance was notified on 17th September 2001 according to the IRDA Regulations 2001. Health insurance sector assumed a new dimension with the advent of TPAs.
TPAs aims at increasing the efficiency ,standardisation and improvement in the health sector of the country. TPAs provide cashless treatment to beneficiaries and helps to maintain customer relationship and contact manager.
Cite this article:
Ashish Dubey, Pushpinder Kaur Benipal. Role of TPAs [Third Party Administrators] in growth of health Insurance in India. Int. J. Rev. & Res. Social Sci. 3(4): Oct. - Dec., 2015; Page 156-158.