Solving the Top 3 Challenges Facing TPAs — How HealthAxis Empowers Modern Administration
The role of a third-party administrator (TPA) has never been more complex—or more critical. The global insurance third-party administrator market size was valued at $324.9 billion in 2022 and is projected to reach $795.1 billion by 2032¹. This expansion is fueled by the rising demand for specialized services, the increasing complexity of insurance regulations, and the ongoing need for greater operational efficiency and transparency within the industry.