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5 Common Mistakes to Avoid when selecting TPA Services (Presentation)

5 common mistakes to avoid when selecting a Third Party Administrator

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Avoid these 5 common mistakes when selecting a Third Party Administrator (TPA).

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Page 1: 5 common mistakes to avoid when selecting a Third Party Administrator

5 Common Mistakes to Avoid when selectingTPA Services(Presentation)

Page 2: 5 common mistakes to avoid when selecting a Third Party Administrator

Not checking reputation with providers.Providers blacklist TPAs who pay late & mismanage working funds. Ask your top 25 providers.

Page 3: 5 common mistakes to avoid when selecting a Third Party Administrator

Not checking who owns them. Run conflict checks. Insurers, brokers & providers should not compete with TPAs.

Page 4: 5 common mistakes to avoid when selecting a Third Party Administrator

Not checking scalability of IT systems. Human error increases with volume. Scalable systems are everything.

Page 5: 5 common mistakes to avoid when selecting a Third Party Administrator

Not checking with a 3.30am call.Will your member be taken care of when they need help? 24/7 requires full commitment & resources.

Page 6: 5 common mistakes to avoid when selecting a Third Party Administrator

Selecting a TPA that doesn’t focus 100%.Service excellence requires focus.

Do not accept anything less.

Page 7: 5 common mistakes to avoid when selecting a Third Party Administrator

Why is this important?

Page 8: 5 common mistakes to avoid when selecting a Third Party Administrator

Your members claims experience is the single

most impactful interaction with your

brand.

Page 9: 5 common mistakes to avoid when selecting a Third Party Administrator

It affects renewals, word of mouth &

trust in your brand.

Page 10: 5 common mistakes to avoid when selecting a Third Party Administrator

Inefficient claims administration sucks up your internal resources and can cost up to 40%

of your premium income.

Page 11: 5 common mistakes to avoid when selecting a Third Party Administrator
Page 12: 5 common mistakes to avoid when selecting a Third Party Administrator

Learn more.

Call: +62 21 2963 5600

Or visit: www.platinumhealth.com

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