“The time has come for Congress to give employers a more accountable and affordable option to administer their medical benefit plans. We call this system disruptor the Fair Pay, Fair Play TPA”.
This article says Congress should gift employers a more affordable option to administer their medical benefit plan by competing with greed driven, plan gouging, for profit legacy TPAs.
Introducing The Fair Pay, Fair Play TPA
“Lawmakers in Congress—or potentially state-level policy makers—can establish a new Fair Pay, Fair Play (FP2) TPA that operates on “fair pay, fair play” terms for employers, providers, and plan members alike. The FP2 TPA would operate as a government or public corporation, a legal status that should shield it from the profit motives and conflicts of interest that can drive traditional private TPAs to prioritize shareholder interests over their clients’ interests. The FP2 TPA’s activities and policies would also face robust public oversight and auditing to ensure honest operations. The FP2 TPA would require initial government appropriations.“
There is a lot of truth to this article to which there is no argument, suppositions excluded.