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 ?
The IRS argued that the couple could not exclude the reimbursements to the husband because no proper plan existed.
Reimbursement by the employer of living expenses incurred by an employee during overseas business trips (e.
Some practices are unsuccessful in obtaining reimbursement schedules from payers.
The nursing minutes necessary as a result had been reduced to 72 per day, and the nursing reimbursement had been reduced to $28.
The new reimbursement rate also applies to other healthcare organizations that serve Medicare patients and are reviewed by QIOs, including skilled nursing facilities and home health agencies.
The bill establishes lines in the sand as to what the reimbursements will be, as opposed to just coming out with these cuts.
Provides reimbursements up to a maximum dollar amount for a coverage period; and
Calculated annual cost of collecting third-party reimbursement
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.
61, payments made by an employer to an employee as reimbursement for expenses incurred by the latter as a condition of employment, are treated as compensation unless specifically excludible under another Code provision.
Under IRC section 7430, in certain cases taxpayers are entitled to reimbursement of reasonable litigation costs and attorney fees.