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benefit

Pronunciation: ben′ĕ-fit

Definition: Monies disbursed by a private insurance company or public entity (e.g., Medicare, Medicaid) in settlement of a claim for medical services provided.

Further information

Always consult your healthcare provider to ensure the information displayed on this page applies to your personal circumstances.

© Copyright 2018 Wolters Kluwer. All Rights Reserved. Review date: Sep 19, 2016.

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