Definition of Insurer

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TeachMeFinance.com - explain Insurer



Insurer

The term 'Insurer ' as it applies to the area of Medicare in the United States can be defined as ' An insurer of a GHP is an entity that, in exchange for payment of a premium, agrees to pay for GHP-covered services received by eligible individuals'.

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About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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