Definition of benefit payments in English English dictionary
The amounts disbursed for covered services to beneficiaries after the deductible and coinsurance amounts have been deducted
disbursements for retirement, disability, death, maternity, sickness and funeral benefits (Social Security System)
disbursements for retirement, disability, death, maternity, sickness and funeral benefits
Payments made by your insurance carrier for submitted claims This figure is the net amount of issued checks, less any refunds, Specific Stop Loss, or ex-gratia payments