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The answer is already on this website, pleases see the link below.

http://www answers com/topic/payor-clause

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payee is the person who is to be paid

payor is who pays to the payee

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Tertiary insurance is the 3rd insurance policy responsible for payment.

Example...

Medicare, primary payor

Blue Cross Blue Shield, secondary payor

Aetna, tertiary payor

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No

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The person who wrote the check

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