Claim Payment definition

Claim Payment means the benefit payment calculated by Blue Cross and Blue Shield, after submission of a Claim, in accordance with the benefits described in this Policy. All Claim Payments will be calculated on the basis of the Allowable Amount for Covered Services rendered to a Covered Person, regardless of any separate financial arrangement between Blue Cross and Blue Shield and a particular Provider. (See provisions of this Policy regarding “Blue Cross and Blue Shield's Separate Financial Arrangements with Providers.”)
Claim Payment means the payment issued by Defendant to Settlement Class Members who submit valid and timely claims.
Claim Payment means a payment made to private lenders when a guaranteed loan defaults.

Examples of Claim Payment in a sentence

  • This provision shall survive the term of this Agreement and any Claim Payment.

  • The Company shall take appropriate steps as it would for its own business under similar circumstances to collect Claim Payment Recoveries.

  • BTA5174 Claim Payment For benefits payable involving disability, We will pay the Insured Person the applicable Benefit Amount no less frequently than monthly during the period for which We are liable.

  • For any Claim Payment Recoveries initially identified by the Company, the Company first attempts to pursue recovery itself.

  • For any Pay for Performance Recoveries or Claim Payment Recoveries initially identified by the Company, the Company first attempts to pursue recovery itself.


More Definitions of Claim Payment

Claim Payment means an amount payable to you under the Policy to compensate you for the credit losses you have sustained from unpaid insured receivables.
Claim Payment means the amount We agree to pay You for a claim arising from an insured cause. This may be by way of money or We have the option to settle the claim by way of replacement, reinstatement or repair. The maximum amount we will pay for any one claim is the Limit of Indemnity.
Claim Payment means a payment made by the Insurer in respect of a Claim.
Claim Payment means a payment made to private lenders when a guaranteed loan defaults. Report default claim obligations and disbursements in the program and financing schedule (schedule P) in liquidating and guaranteed loan financing accounts. As described below, report the claim payments in the status of guaranteed loans schedule (schedule H) and, for liquidating accounts only, the object class schedule (schedule O). If a loan asset is acquired in exchange for the claim payment, report the claim payment as a termination for default that results in a loan receivable on line 2261 of schedule H, and, for liquidating accounts, as investment and loan obligations on object class line 33 in schedule O. If a physical asset is acquired in exchange for the claim payment, report the claim payment as a termination for default that results in acquisition of property on line 2262 of schedule H, and, for liquidating accounts, the object class that best represents the asset in schedule O. For example, if the asset is a building, then classify the obligations on line 32, land and structures. (See section 83.7 for object classification). If nothing of value is received in exchange for the claim payment, report the claim payment as termination for defaults that result in claim payments on line 2263 in schedule H, and, for liquidating accounts, as insurance claims and indemnities on object class line 42 in schedule O.
Claim Payment means the payment of eligible Claim received by an Empanelled Health Care Provider from the Insurer in respect of benefits under the Risk Cover made available to a Beneficiary.
Claim Payment means a payment made by Ex-Im Bank with respect to a Claim or a portion thereof. "Claim Payment Date" shall mean the date on which Ex-Im Bank makes a Claim Payment.
Claim Payment means the Payment of claim to the providers under the scheme based on the smart card transaction received by the insurer from the health providers.