Payer


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Payer

The person making a payment to a payee.

Payer

A person or institution that makes a payment. In ordinary transactions, the buyer is the payer, though a third party may be the payer in some circumstances. In bonds and loans, the issuer or borrower is the payer to the bondholder or lender. In equities, a publicly-traded company is the payer of dividends. See also: Payee.
References in periodicals archive ?
The Health Care Payment Learning and Action Network established in 2015 continues to align efforts between government, private sector payers, employers, providers, and consumers to broadly scale these efforts to achieve better care, smarter spending, and healthier people.
However, in lieu of reporting exempt interest and exempt-interest dividends on 2006 Form 1099-INT and separately identifying AMT interest, payers be permitted to file with the IRS and furnish to payees a substitute statement in specified form setting forth exempt interest and exempt--interest dividends paid for 2006.
For example, NTSP regularly informed payers that its physicians had established minimum fees for payer contracts, identified the fee minimums, and stated that NTSP would not enter into or forward any of its physician's payer offers that were below the minimums.
Once the cheaper generic becomes available, the laws of most states and the pharmacy reimbursement policies of most third-party payers result in virtually automatic substitution of the generic drug when the brand drug is prescribed.
Will your system allow direct transmission to payers, or will the services of a clearinghouse be required?
Where a payer inadvertently fails to withhold the Regulation 105 tax and no additional payments are owed to a supplier from which under-withheld tax can be recouped, the Canadian payer will bear the burden of the tax.
Fourth, the case manager should communicate regularly with the payer, using a single point of entry if possible.
And we can make sure states have the means to set up their own single payer plans, a provision that's in the Clinton bill.
Incorporate payer feedback into product development and reimbursement strategy
Notice 2003-37 provides an optional procedure for payers and their agents to use in determining if payment-card transactions are reportable.
Your software should inform you how much money is outstanding from each payer so that you can monitor any trends that indicate slower payment by a particular payer.