Definition

Noun A payment made by the Medicare program, a U.S. government health insurance program, to reimburse eligible individuals (primarily those aged 65 and over) for covered healthcare expenses.

Usage

This term specifically refers to the disbursement of funds from the Medicare program to a beneficiary or a healthcare provider. It is a formal term used in administrative, financial, and healthcare contexts.

Examples

• The hospital submitted the claim and received a Medicare payment for the patient's surgery.
• After her doctor's visit, she received a statement showing the Medicare payment and her remaining co-pay.
• The delay in Medicare payment caused cash flow issues for the small clinic.

Advanced Usage

• The term is often part of larger administrative phrases, such as "Medicare payment policy," "Medicare payment systems" (like DRGs for hospitals), or "Medicare payment error rate."

Variants and Related Words

• Medicare reimbursement: A very close synonym, emphasizing the act of repaying incurred costs.
• Medicare benefit: A broader term that can refer to the coverage or service provided, of which a payment is one form.
• Medicare claim: The request for payment submitted to Medicare, which results in a payment if approved.

Synonyms

• Government health payment
• Medicare disbursement
• Medicare remittance

Related Phrases

• Medicare payment adjustment: A modification to the standard payment amount.
• Medicare payment schedule: The official list of rates Medicare pays for services.
• Accept Medicare assignment: An agreement by a provider to accept the Medicare-approved amount as full payment.

Noun

1. a check reimbursing an aged person for the expenses of health care