What term is used for a person or organization that guarantees payment in medical situations?

The term that refers to a person or organization that guarantees payment in medical situations is "guarantor." In the context of healthcare and insurance, a guarantor is responsible for ensuring that the financial obligations related to medical services are met, whether it is through direct payment, insurance coverage, or other financial means. This role is crucial, especially when dealing with healthcare providers and facilities, as it establishes accountability for payment and helps facilitate access to medical care.

In various situations, the guarantor may not be the patient themselves; they could be a family member or another party who has agreed to take on the financial responsibility. Understanding this role is important for patient advocates because they often assist patients in navigating billing processes and ensuring that financial matters do not hinder access to necessary care.