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.
The cost savings and benefits are valuable for everyone, including patients, private payers, hospitals and physician groups, according to McKinsey & Company. Zameer Rizvi, Forbes, 6 Jan. 2025 While the two rate decreases anticipated in 2025 are fewer than the four that were initially expected, a lower-rate environment of any size tends to help dividend payers as their yields become more competitive with the Treasury market. Michelle Fox, CNBC, 2 Jan. 2025 But private health insurers look positively spendthrift compared with public payers in Canada and Great Britain, who deny care before patients even have the chance to ask for it. Benedict Cosgrove, Newsweek, 20 Dec. 2024 Commercial payers typically reimburse hospitals at a higher rate than Medicare and Medicaid. Maya Goldman, Axios, 19 Dec. 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 18 Jan. 2025.

Legal Definition

payer

variant of payor

More from Merriam-Webster on payer

Last Updated: - Updated example sentences
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