Third Party Payer

Definition

Health Economics

• A payer, typically a private or public insurance agency, who either compensates the provider for the expense of providing a service to the patient, or the patient after the patient has paid the provider's bill. Patients and providers are the other two 'parties'.

Nearby Definitions of “Third Party Payer”

• third man
• third normal form
• third octave band
• third party
• third party insurance
• Third Party Payer
• third scavenging port
• third umpire
• Third World
• Thirlwall's Law
• thirst

Contexts for “Third Party Payer”

1 definition in context
• Health Economics