Types of Claims

There are 5 types of claims:

1. General Claim
   • A formal request or assertion made by an individual or entity to seek compensation, resolution, or acknowledgment for something they believe they are entitled to.
2. Medical Claim
   •  A formal request submitted by a healthcare provider, patient, or policyholder to a health insurance company or another payer, seeking reimbursement for medical services, treatments, medications, or healthcare expenses incurred.
3. Mileage Claim
   • A formal request submitted by an individual, typically an employee or contractor, to be reimbursed for the costs incurred while using their personal vehicle for business-related travel. This claim involves recording the number of miles or kilometers traveled and calculating the associated expenses based on an agreed-upon reimbursement rate.
4. Overtime Claim (OT)
   • A formal request submitted by an employee to be compensated for working additional hours beyond their regular or standard work schedule.
5. Petty Cash Claim
   • A formal request submitted by an individual or employee within an organization to access funds from a designated petty cash fund for small, miscellaneous expenses that occur in the course of business operations.