Insurance Glossary

Email Print This Page bookmark
Font : A-A+

Insurance Term - Reimbursement

Under a Health Insurance policy, the cost of various hospital charges (such as bed charges, medicines, lab tests, surgeon’s fees, etc.) are paid back to the insured/policyholder who makes the claim. In other words, the insured pays the (hospital) expenses incurred, but thereafter is reimbursed by the insurance company upon submission of his/her claim with relevant documents accompanied by justified and reasonable medical expenses incurred as part of an individual’s treatment.

Health Insurance Topics

Benefits of Registration

Insurance Glossary A-Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Stay Connected

  • Available on the Android Market
  • Available on the App Store