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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Knowing what to do after receiving a payer response is a process that involves understanding the insurance contract, fee schedules and payer policies. Ian Ye, Forbes, 21 Nov. 2024 Patient Services net revenue increased by 7.7%, primarily due to additional treatment volume and increased third-party payer collections, offset by lower revenue from sales-type leases of negative pressure wound therapy pumps. Quartz Bot, Quartz, 8 Nov. 2024 Experts advising Medicare are just beginning to wrestle with how the program — the largest payer of health care in the U.S. — should pay for software used as medical devices, which can range from video games prescribed for ADHD to technology that analyzes data from CT scans. Tina Reed, Axios, 29 Oct. 2024 This is especially crucial for the Treasury, which is among the biggest payers on the planet – if not the biggest. Matt Egan, CNN, 17 Oct. 2024 See all Example Sentences for payer 

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 6 Dec. 2024.

Legal Definition

payer

variant of payor

More from Merriam-Webster on payer

Last Updated: - Updated example sentences
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