third party


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third party

Managed care A person or organization ancillary to the doctor-patient 'dyad', that participates in financing the services rendered–eg, a health insurance carrier, or administrates processing and paying claims for health services provided–eg, Blue Cross/Blue Shield, Medicare

third party,

n the party to a dental benefits contract that may collect premiums, assume financial risk, pay claims, and provide other administrative services. Also called
administrative agent carriers, insurers, or
underwriters.
third-party administrator (TPA),
n claims payer who assumes responsibility for administering health benefit plans without assuming any financial risk. Some commercial insurance carriers and Blue Cross/Blue Shield plans also have TPA operations to accommodate self-funded employers seeking administrative services only (ASO) contracts.
third-party payer,
n an organization other than the patient (first party) or health care provider (second party) involved in the financing of personal health services.
third-party payment,
n payment for services by someone other than the beneficiary (e.g., when an employer or union makes such payment).
References in periodicals archive ?
More than one third believe they don't have tools to reduce third party ethics and compliance risks.
The RSC then has the option of affixing its own name to the deed, or waiting and inserting the name of the purchaser when the property is subsequently sold to a third party.
In conjunction with execution of the contract, companies should educate the third party about the requirements of the FCPA and relevant local laws concerning bribery.
The FTC's rules do, however, limit the extent to which a nonaffiliated third party may use and reuse the information that has been disclosed.
A consumer, before you disclose any nonpublic personal information about the consumer to any nonaffiliated third party, if you make such a disclosure other than as authorized by sections 216.
Nevertheless, companies are growing more dependent on third party relationships for the achievement of business objectives-either via joint venture, which may be mandated for entering into a new country, or working with suppliers or contractors.
This third party calls for stronger environmental laws and a ban on corporate funding of American political campaigns.
In performing the balancing test, the court is to take into account, among other things, the extent that the transaction was expected to affect the third-party; the foreseeability of the harm; degree of certainty that the third party would be injured and closeness of connection between the third-parties' injury and the malpractice that occurred.
Currently, practitioners and other paid preparers must file Form 2848, Power of Attorney and Declaration of Representative, or Form 8821, Third Party Authorization Disclosure, to discuss any details of a return, including how it was prepared, payment and refund issues and mathematical errors.
Together, they make it virtually impossible for any third party to get on the ballot, stay on the ballot or become much of a force in American politics.
Dan Cantor, a national organizer for the New Party, is certain that a third party is a realistic long-term option.
The Times-Mirror survey both indicates the growing dissatisfaction with the big two parties and casts doubt on Lowi's thesis: While roughly 20 percent of the electorate gives allegiance to neither major party, these voters are not waiting to be drawn into some new centrist third party.