Insurance
Third-Party Administrator (TPA) Fee Expense
Paying a TPA for managing the medical network, pre-authorizations, and claims processing.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| TPA Management Fee Expense | Expense (+) | 15,000.00 | - |
| Accounts Payable (TPA) | Liability (+) | - | 15,000.00 |
💡 Accountant's Note
TPAs manage medical claims operationally for insurers who do not have their own networks. The fee is typically a percentage of premium or a per-member-per-month (PMPM) rate. It is a direct expense of the medical line.
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