Definition of "overpays" []

• Third-person singular simple present indicative form of overpay. (verb)

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• "Under current law, the administration notes, Medicare "overpays" health plans with which it contracts through its managed care component (Medicare Advantage), reimbursing them an average of 14\% more ($103 per member per month) than it does traditional fee-for-service providers for the care of comparable beneficiaries."
• "Medicare "overpays" for prescription drugs covered by the program's Part D drug benefit, she said."
• "The film opens as Ted Narracott Peter Mullen overpays for an impressive stallion and now faces financial ruin unless he can train this horse to plow a seemingly impossible field."