Erstattungsfähigkeit
Erstattungsfähigkeit refers to the concept of whether a cost or expense is eligible for reimbursement or compensation. This principle is widely applied across various sectors, including insurance, healthcare, and corporate expenses. In the context of insurance, it determines whether a policyholder can recover expenses incurred due to a covered event. For example, health insurance policies outline which medical procedures, treatments, and medications are reimbursable based on the terms and conditions of the contract. Similarly, travel insurance may cover the loss of luggage or trip cancellations if these events are deemed reimbursable under the policy.
In a corporate setting, Erstattungsfähigkeit dictates which employee expenditures are eligible for reimbursement by the employer.