reimbursement

Definitions

Accounting

  • noun the act of paying back money

Health Economics

  • (written as Reimbursement)
    A payment made to someone by an insurance agency for out-of-pocket expenses that they have incurred or to a provider for expenses incurred on behalf of an insured patient. A study of the optimal balance of prospective and retrospective reimbursement of hospitals is Newhouse (1992).
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