Insurance Payor definition
Insurance Payor means any private insurance carrier or other Person responsible for making payment of any private program of health insurance.
Examples of Insurance Payor in a sentence
The contracts between the IPBC and the Payor of some of the IPBC’s Health, Dental, Prescription Drugs Programs or Life Insurance Programs may provide that the IPBC is responsible for certain payments to the Health, Dental, Prescription Drugs or Life Insurance Payor for run-off benefit claims and administrative costs for a continuing period.