Insurance Reimbursement
/ɪnˈʃʊərəns riˌɪmbərsˈmɛnt/
Definitions
- (n.) The repayment or compensation made by an insurance company to the insured or a healthcare provider for covered losses or services.
The insurance reimbursement covered the full cost of the surgery.
Forms
- insurance reimbursements
Related terms
See also
Commentary
Commonly arises in health and property insurance contexts; clarity about the timing and amount of reimbursement provisions is key in drafting policies.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.