In workers’ compensation cases, an identification number that is given to each medical provider that submits bills for services provided to the injured or ill worker.
Insurance Encyclopedia
Payer
1. Organization or entity that pays for the patient’s health care services and medical treatments (e.g., self-insured employer, managed care plan, federal government, commercial insurance company). Sometimes called payer, indirect payer, insurance company, or insurer. 2. Individual responsible for payment of the amount as shown on the face of a check.
payer ID
See: NPLANID.
payer identification (PAYERID) number
See: PAYERID number.
PAYERID number
Acronym that translates as payer identification number. The current acronym is NPLANID (national plan identifier). Medicare patients that have a Medigap supplemental insurance plan must show the PAYERID number (often called the OCNA [Other Carrier Name and Address] key ) in Block 9d of the CMS-1500 insurance claim form. The Medicare fiscal intermediary transmits a Medigap claim electronically to the Medigap carrier after processing it for participating physicians. This is called a crossover claim. See NPLANID.
Paying passengers
Passengers who get a ‘lift’ in someone else’s vehicle and make a contribution towards the running costs. See CAR SHARING.
Paymaster Robbery Insurance
Insurance against loss by robbery of payroll while in charge of a custodian.
Paymaster robbery insurance (Criminal)
Insurance that covers the loss of money intended for payroll due to a robbery perpetuated by the appointed custodian.
Payment (pmt)
1. Costs incurred for processing of data. 2. See reimbursement. 3. In Medicare fraud, deliberately applying for duplicate payment (e.g., to bill both Medicare and the beneficiary for the same service or to bill both Medicare and another insurance company to attempt to get paid twice). 4. Under the Health Insurance Portability and Accountability Act (HIPAA), use and disclosure of protected health information (PHI) is permissible for treatment, payment, and health care operations (TPO).
payment at time of service (PTOS)
Collecting the amount or balance due directly from the patient at the conclusion of the patient’s office visit.