MLchartDataset catalogue

Third-party administrator

Term · Insurance and risk management · MLC-T-INS-003319

An organization that handles administrative tasks for an insurance plan, such as claims processing, premium collection, and record-keeping, on behalf of an insurer or a self-insured entity. They do not assume underwriting risk but provide specialized services to manage the operational aspects of insurance programs. Many employers use third-party administrators for their self-funded health insurance plans.

Table 1. Record
IdentifierMLC-T-INS-003319
FieldInsurance and risk management
Record as JSON 
{
  "id": "MLC-T-INS-003319",
  "term": "Third-party administrator",
  "field": "Insurance and risk management",
  "definition": "An organization that handles administrative tasks for an insurance plan, such as claims processing, premium collection, and record-keeping, on behalf of an insurer or a self-insured entity. They do not assume underwriting risk but provide specialized services to manage the operational aspects of insurance programs. Many employers use third-party administrators for their self-funded health insurance plans.",
  "url": "https://mlchart.com/terminology/insurance/third-party-administrator/"
}

Record 3,386 of 3,682 in Insurance and risk management terminology (MLC-0106). Request the full dataset.