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Discuss the differences between the Department of Insurance (DOI) and the Third-Party Administrator (TPA)

Question:

Discuss the differences between the Department of Insurance (DOI) and the Third-Party Administrator (TPA)


Answers

Ans: Department of Insurance DoI): They serve several roles like licensing insurance companies and agents. * Reviewing insuraThird party administrator: (TPA): They are Organizations within the insurance industry which administer Services like custome

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