A Third Party Administrator is a body that processes insurance claims admissible under the mediclaim policy. In general,these administrators are independent but can also act as an entity belonging to the insurer/s. These bodies are licensed by Insurance Regulatory IRDAI. Over the years, the number of insurers, health policies sold, types of health products and the buyers increased in considerable proportion. Ultimately, it got difficult to keep track of work which did not result in quality services. Hence, IRDA came up with the Third Party Administrators. Since then, a TPA is held responsible for high quality consistent services.