Definition of Coordination Of Benefits

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TeachMeFinance.com - explain Coordination Of Benefits



Coordination Of Benefits

The term 'Coordination Of Benefits ' as it applies to the area of Medicare in the United States can be defined as ' A program that determines which plan or insurance policy will pay first if two health plans or insurance policies cover the same benefits. If one of the plans is a Medicare health plan, Federal law may decide who pays first'.

The term 'Coordination Of Benefits ' as it applies to the area of Medicare in the United States can be defined as ' Process for determining the respective responsibilities of two or more health plans that have some financial responsibility for a medical claim. Also called cross-over'.


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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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