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1. Problems and Prospects of TPAs in the Healthcare Industry IIRM National Seminar
Mr. Girish Rao
24th January 2012
2. Why were TPAs created?
3. Why were TPAs created?
4. Why were TPAs created?
5. Health Insurance - Growth
6. Health Insurance - Growth While the CAGR of premiums collected between 2001 and 2008 has been over 22%, the CAGR of insurance penetration has been only 12%
7. Impact of TPAs on HI
8. Impact of TPAs on HI
9. In sourcing of TPAs
10. In sourcing of TPAs
11. In sourcing of TPAs
12. Challenges : Tiny Sector Mindset
13. Challenges : Evaluation
14. Future Focus : Network Management
15. Future Focus : Integrated Partnership
Large bancassurance portfolio of >100,000 credit card holders
Claims data available from 2003 onwards.
Adverse claims ratio from 2003 to 2005 (>105%)
Analysis of claims patterns and disease profiles showed the need to change product features.
Sub-limits for specific disease and cost elements introduced based on TPA advice.
Claims ratio improved and since then has been profitable.
16. Future Focus : Long term Partnership
17. Future Focus : Standardisation
18. Future Focus : Consolidation
19. Summary
20. Thank You!