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Reimbursement is the act of compensating someone for an out-of-pocket expense by giving them an amount of money equal to what was spent. ... Reimbursement is also used in insurance, when a provider pays for expenses after they have been paid directly by the policy holder or another party. What is mean by reimbursed? A reimbursement is a repayment for money you've already spent. When you travel for work, you get a reimbursement for your work-related expenses, like hotel bills and plane tickets, but you'll have to pay for that trip to the circus yourself. ... So the word reimbursement literally means in a purse again. How much does a reimbursement specialist earn? How much does a Reimbursement Specialist - Healthcare make? The median annual Reimbursement Specialist - Healthcare salary is $41,452, as of May 30, 2018, with a range usually between $38,206-$46,482, however this can vary widely depending on a variety of factors.

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