REIMBURSER Meaning and
Definition
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Reimburser is a noun that refers to an individual or entity who provides reimbursement, typically for expenses incurred by another party. The term commonly applies to insurance companies, employers, or government agencies that reimburse individuals or organizations for costs related to medical expenses, travel expenses, or employee benefits.
In the context of healthcare, a reimburser can be an insurance company or a managed care organization that reimburses healthcare providers for the services rendered to their policyholders. This party evaluates the claims submitted by providers and approves reimbursement based on the terms and conditions outlined in the policy agreement. They may negotiate the reimbursement rates with the healthcare provider, ensuring that the costs are paid at an agreed-upon amount.
Similarly, in the employment context, a reimburser can be an employer who provides reimbursement to their employees for business-related expenses, such as travel, accommodation, or equipment costs. This may involve the submission of expense reports or receipts, which are reviewed and approved by the reimburser before the employee is reimbursed for their spending.
In summary, a reimburser is a party responsible for providing reimbursement to individuals or organizations for specified expenses. They play a vital role in ensuring that agreed-upon costs are covered, helping to alleviate financial burdens and promote fair payment practices.
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Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.
Common Misspellings for REIMBURSER
- eeimburser
- deimburser
- feimburser
- teimburser
- 5eimburser
- 4eimburser
- rwimburser
- rsimburser
- rdimburser
- rrimburser
- r4imburser
- r3imburser
- reumburser
- rejmburser
- rekmburser
- reomburser
- re9mburser
- re8mburser
- reinburser
- reikburser
Etymology of REIMBURSER
The word "reimburser" is derived from the verb "reimburse" and the suffix "-er", which is commonly used to form agent nouns. "Reimburse" originates from the French word "rembourser", which means "to reimburse or refund". The French term can be further traced back to the Latin word "re-" meaning "back" and "imburse" meaning "purse" or "bag". Hence, the etymology of "reimburser" implies someone or something that performs the action of reimbursing or giving back money.
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