Payor of benefits definition

Payor of benefits or "payor" means an issuer of a
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Payor of benefits or "payor" means an issuer of a plan providing benefits described by Section 140.002 that:
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Examples of Payor of benefits in a sentence

  • Plan Sponsor shall be solely responsible for funding all approved Claims, as described in Article IV and Exhibit B, and is the Payor of benefits for Plan Participants.

  • Employer is financially responsible for the timely funding of all Approved Claims and is the Payor of benefits for all Members.

  • Although, it should be noted that SCDI III, this thesis’ measure on communicative level, primarily focuses on lexicon (see 6.1.4 The validity of the methods).

Related to Payor of benefits

  • Health Benefits means health maintenance organization, insured or self-funded medical, dental, vision, prescription drug and behavioral health benefits.

  • Pharmacy benefit manager means a person, business or other

  • Employment benefits means all benefits provided or made

  • Medical Benefits means medical, optical, or dental benefits, including, but not limited to, hospital and physician services, prescription drugs, and related benefits.

  • Death Benefit means the insurance amount payable under the Certificate at death of the Insured, subject to all Certificate provisions dealing with changes in the amount of insurance and reductions or termination for age or retirement. It does not include any amount that is only payable in the event of Accidental Death.

  • Pharmacy benefits manager means a person that performs pharmacy benefits management.

  • Societal benefits charge means a charge imposed by an electric

  • Health benefits plan means a benefits plan which pays or

  • superannuation benefits means pensions, gratuities and other allowances payable on resignation, retirement or death;