Skip to main content
Entire section Custom print Text Only Rich Text Print

Article 4

IA-BOD-RES 9/2011 Effective from 4/12/2011

The business of Health Insurance Third Party Administrators shall be limited to:

  1. Claim settlement arising from health insurance.
     
  2. Payment of health insurance claims on behalf of the Insurance Company.
     
  3. Management of health insurance programs approved by the Insurance Company.
     
  4. Entering into agreements with medical service providers on behalf of the Insurance Company.
     
  5. Developing health insurance programs provided that they may not market or sell them.
     
  6. Establishing a network for service providers.
     
  7. Providing consultancy services in underwriting (reports on the analysis of claim expenses and recommendations for effective underwriting.)