Reimbursement

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Reimbursement

Payment made to someone for out-of-pocket expenses has incurred.

Reimbursement

The act or concept of repaying a person or organization for expenses it incurred that rightly belonged to another party. Reimbursement is common between employees and employers. For example, if an employee pays for his/her own hotel room while on a business trip, the employer will likely reimburse him.
References in periodicals archive ?
Speltz established a medical reimbursement plan for her employee-husband with the help of a tax adviser.
If a machine breaks down and the employee must return to the office, the transport reimbursement would be taxable to the employee.
Each pay period, employees received their regular compensation and a reimbursement allowance payment.
The nursing minutes necessary as a result had been reduced to 72 per day, and the nursing reimbursement had been reduced to $28.
Cinacalcet would also likely receive reimbursement under the new Medicare bill, as it helps reduce bone loss in patients with kidney disease, Lund said.
To the extent an HRA is a self-insured medical expense reimbursement plan, Sec.
I would expect that there would be a continued review on the operation of the nursing home industry to ensure an adequate reimbursement system to maintain the industry," says Tinsley.
Increases in mileage reimbursement rates since 1991 have been sharper among "non-business" establishments (e.
106; and (2) P's payment or reimbursement of their medical expenses is excludible from gross income under Sec.
6% increase in the nursing component of the SNF Medicare reimbursement rate.
Raising reimbursement levels is the only way to solve this problem.
As reimbursements under a nonaccountable plan, the value of both the air travel reimbursements and the mileage awards was taxable compensation subject to Form W-Z reporting, employment taxes, and withholding.