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In the United States, a third-party administrator (TPA) is an organization that processes insurance claims or certain aspects of employee benefit plans for a separate entity. [1] It is also a term used to define organizations within the insurance industry which administer other services such as underwriting and customer service.
IAAP's core purpose is to provide education, certification, and leadership development to administrative professionals. In 1951, IAAP administered the first Certified Professional Secretary (CPS) exam. Today, the certification program administers the Certification Certified Administrative Professional (CAP) exam. [1]
Third-party attestations of conformity, also referred to as third party certification, involves an independent and impartial assessment performed by a certification body, also referred to as conformity assessment body, declaring that specified requirements pertaining to a product, person, process, or management system have been met. [8]
In the United States, a pharmacy benefit manager (PBM) is a third-party administrator of prescription drug programs for commercial health plans, self-insured employer plans, Medicare Part D plans, the Federal Employees Health Benefits Program, and state government employee plans.
A certification is a third-party attestation of an individual's level of knowledge or proficiency in a certain industry or profession. They are granted by authorities in the field, such as professional societies and universities, or by private certificate-granting agencies. Most certifications are time-limited; some expire after a period of ...
ASPPA was founded in 1966 originally as an actuarial organization. Since then ASPPA has expanded and diversified its membership to include all types of pension professionals — from actuaries, consultants, and administrators to insurance professionals, financial planners, accountants, attorneys, and human resource managers.
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