Guarantor in Medical Billing
The guarantor is the person responsible for paying a patient’s medical bills, often the patient themselves or a parent/guardian if the patient is a minor.
Guarantor in Medical Billing Explained
In medical billing, the guarantor is the individual or entity that agrees to pay the medical expenses incurred by the patient. The guarantor is responsible for settling any remaining balances after insurance payments have been applied.
For example, for a child’s medical treatment, the parent would be listed as the guarantor, responsible for any unpaid medical bills.
See common acronyms and abbreviations in Medical billing glossary.
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