Reimbursement policies

{
  "id": "MLC-T-INS-002842",
  "term": "Reimbursement policies",
  "field": "Insurance and risk management",
  "definition": "Insurance policies under which the insurer pays the insured back for covered expenses only after the insured has paid them and submitted proof of the cost. They differ from pay-on-behalf wording in liability insurance, where the insurer pays the injured party or provider directly. Out-of-pocket medical claims on health and travel policies commonly work on this basis.",
  "url": "https://mlchart.com/terminology/insurance/reimbursement-policies/"
}