If this question pertains to the medical field.
The first party is the patient.
The second party is the care provider.
The third party would be the company that pays the care provider.
Medicare
the government
From my book
yes
Medicare
Government
Medicare
yes
The third-party payer is composed of the financial institution that pays the insurance claims. The first party is the patient, second party is the provider.
It is the Government through the Medicare program.
reimbursment
insured/third party payer