When clients’ fees for services are paid through a third-party payment system, the most likely source for this funding is insurance reimbursement.
Reimbursement Policies are those insurance policies in which the insured must first pay losses from out-of- his pocket and then seek reimbursement for any covered loss from the insurer.
It is opposite to the policies in which the insurer is required to "pay losses on behalf of" an insured to third party.
A reimbursement of the insured occurs only when an insurance company refunds an amount of money which it owes to a policyholder. This refund could be for losses which the insured has experienced and that the insurance company which are legally responsible for the handling, for the expenses incurred by the policyholder, or for some other reasons.
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