Today, corporations are looking to adopt more control around costs and, as such, are willing to carry risks themselves through higher retention rates. (Credit: OpturaDesign/Adobe Stock)
Reports suggest that the global third-party administration (TPA) market will grow by 6.3% a year, with a market value projected to be $515 billion by 2030, compared to $281 billion in 2020. What is fuelling this mega growth in the USA? And how will the market develop?
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