Third-Party Payer
/ˈθɜrdˌpɑrti ˈpeɪər/
Definitions
- (n.) An entity, other than the insured party, responsible for paying claims or benefits to a health care provider or beneficiary under a health insurance contract.
The insurance company acted as the third-party payer for the patient's medical expenses.
Forms
- third-party payer
- third-party payers
Related terms
See also
Commentary
The term commonly appears in insurance and health law contexts; clarity is essential to distinguish the third-party payer from the policyholder or provider.
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.