Claim Payment definition

Claim Payment means the benefit payment calculated by Blue Cross and Blue Shield, after submission of a Claim, in accordance with the benefits described in this Policy. All Claim Payments will be calculated on the basis of the Allowable Amount for Covered Services rendered to a Covered Person, regardless of any separate financial arrangement between Blue Cross and Blue Shield and a particular Provider. (See provisions of this Policy regarding “Blue Cross and Blue Shield's Separate Financial Arrangements with Providers.”)

Claim Payment means the payment issued by Defendant and/or the Settlement Administrator to Settlement Class Members who submit valid and timely claims.

Claim Payment means a payment made to private lenders when a guaranteed loan defaults.

Examples of Claim Payment in a sentence

• Disbursed VA Claim Payment MM/DD/YYYY VA_CLAIM_PAID_AMT Amount Veterans Admin.

• In the event of such cancellation, Blue Cross and Blue Shield may deduct from the premium refund any amounts made in Claim Payments during this period and you may be liable for any Claim Payment amount greater than the total amount of premiums paid during the period for which cancellation is effected.At any time when Blue Cross and Blue Shield is entitled to rescind coverage already in force, Blue Cross and Blue Shield may at its option make an offer to reform the Policy already in force.

• Non-healthcare providers may enter their Provider ID.SECTION II — CLAIM INFORMATION (Pharmacy)Element 5 — Remittance Advice or X12 835 Health Care Claim Payment / Advice, Check Issue Date, or Payment DateEnter the date of the remittance advice or the payment date or check issue date from the 835.

• The Servicer shall not make any MI Claim Payment Advance with respect to a claim under an MI Policy if an MI Insurer Insolvency Event has occurred and is continuing with respect to the related MI Insurer.

• In the event that a Mortgage Loan would be properly classified as a Liquidated Mortgage Loan but for the fact that not all MI Insurance Proceeds claimed under the related MI Policy have been received, the Servicer may, from its own funds, make an advance (an “MI Claim Payment Advance”) to the Collection Account in an amount not to exceed the claimed amount of such MI Insurance Proceeds not yet received.

More Definitions of Claim Payment

Claim Payment means a payment made by the Insurer in respect of a Claim.

Claim Payment means the amount We agree to pay You for a claim arising from an insured cause. This may be by way of money or We have the option to settle the claim by way of replacement, reinstatement or repair. The maximum amount we will pay for any one claim is the Limit of Indemnity.

Claim Payment means an amount payable to you under the Policy to compensate you for the credit losses you have sustained from unpaid insured receivables.

Claim Payment means the benefit calculated by Claim Administrator, plus any related Surcharges, upon submission of a Claim, in accordance with the benefits specified in the Plan for which Claim Administrator has agreed to provide administrative services. All Claim Payments shall be calculated on the basis of the Provider’s Allowable Amount, in accordance with the benefit coverage(s) elected on the most current ASO BPA, for Covered Services rendered to the Covered Person. The term “Claim Payment” also includes Employer’s share of Alternative Provider Compensation Arrangement Payments, whether billed to Employer as part of a Claim or billed separately, as described in the definition of “Alternative Provider Compensation Arrangement Payments.”

Claim Payment shall have the meaning given in Paragraph 38.

Claim Payment means the payment issued by Defendant to Settlement Class Members who submit valid and timely claims.

Claim Payment means a payment made by Ex-Im Bank with respect to a Claim or a portion thereof. "Claim Payment Date" shall mean the date on which Ex-Im Bank makes a Claim Payment.