IRDA TPA Regulations
Rajya Lakshmi
(Querist) 30 January 2010
This query is : Resolved
Dear Experts,
Can someone clarify me on the following:
We are service providers of software relating to health care and act as a bridge between TPA and the Hospitals. Is there any clause that refrains the TPA from accepting money from us.
Please consider the following sentence also for reference:
Chapter IV of IRDA (TPA) Regulations,2001
Reg.21 - Code of Conduct of TPAs
without prejudice to the generality of the provisions contained above, it shall be the duty of every TPA, its Chief Administrative Officer or Chief Executive Officer and its employees or representatives to
"refrain from demanding or receiving a share of the proceeds or indemnity from the claimant under an insurance contract"
Please Advise
Thanks & Regards
Rajya Lakshmi
Guest
(Expert) 30 January 2010
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