payer

noun

pay·​er ˈpā-ər How to pronounce payer (audio)
variants or less commonly payor
: one that pays
especially : the person by whom a bill or note has been or should be paid
He is a prompt bill payer.

Examples of payer in a Sentence

Recent Examples on the Web Choice is critical—PBMs offer options that are tailored to what a payer needs. David Joyner, Fortune, 3 Apr. 2024 The program is intended as the federal government’s stopgap measure to improve failing nursing homes before barring them from Medicare and Medicaid program, which is the main payer for most nursing homes. Ciara McCarthy, Fort Worth Star-Telegram, 29 Mar. 2024 That cost is increasingly unsustainable for payers in the U.S., and prohibitive for people whose insurance doesn’t cover the drug. Lisa Shah, STAT, 28 Mar. 2024 This is a particular problem for Treasury, which is among the biggest payers on the planet – if not the biggest. Matt Egan, CNN, 28 Feb. 2024 Legislators, pharmaceutical CEOs, payers, PBMs, and other stakeholders need to work together to evaluate the current system, eliminate perverse incentives, and outline the steps required to fix healthcare. Rita Numerof, Forbes, 28 Feb. 2024 The group of stocks is rebalanced at the end of each year to maintain an investment in the top 10 dividend payers. Charley Grant, WSJ, 8 Jan. 2024 With new healthcare and health insurance options like Amazon Health and CVS Minute Clinic, providers and payers must make consumer experiences more convenient and affordable to compete. John Erwin, Forbes, 23 Feb. 2024 Some private insurers have signed on, but Atrium Health’s Hole said that many of the biggest commercial payers are waiting to see if the federal government continues to fund the program. Erika Edwards, NBC News, 7 Feb. 2024

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'payer.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Word History

First Known Use

14th century, in the meaning defined above

Time Traveler
The first known use of payer was in the 14th century

Dictionary Entries Near payer

Cite this Entry

“Payer.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/payer. Accessed 16 Apr. 2024.

Legal Definition

payer

variant of

More from Merriam-Webster on payer

Last Updated: - Updated example sentences
Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!