Insurance settlement receipt balance calculator

Calculate net received and balance outstanding with your own figures.

Your numbers

Use the units shown. Results update as you change valid inputs.

Choose the currency for these amounts. Changing it keeps your numbers and does not convert exchange rates.

Use net received and balance outstanding to compare changes to your inputs. The method and limits below explain the scope.

Examples

Examples

Try the starting example

Agreed settlement (USD)
5000
Payments received (USD)
1000,2000
Refunds sent back (USD)
100
Net received (USD)
$2,900.00
Balance outstanding (USD)
$2,100.00
Overpayment (USD)
$0.00

Try another scenario

Agreed settlement (USD)
5001
Payments received (USD)
[1000, 2000]
Refunds sent back (USD)
[100]
Net received (USD)
$2,900.00
Balance outstanding (USD)
$2,101.00
Overpayment (USD)
$0.00
Calculation method

Calculation method

Net received (USD)

Net receipts = payments − refunds; compare with settlement.

Balance outstanding (USD)

Net receipts = payments − refunds; compare with settlement.

Overpayment (USD)

Net receipts = payments − refunds; compare with settlement.

Symbols and units
a
Agreed settlement (USD)
b
Payments received (USD)
c
Refunds sent back (USD)

Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.

Assumptions & limits

Assumptions & limits

  • User-supplied measurements and assumptions; Net receipts = payments − refunds; compare with settlement. Supported limits: Finite numeric values bounded to 1e9 magnitude; lists and tables contain 1–100 records unless a stricter bound is stated. Inputs use the units shown. Lists explicitly paired by a method must have matching lengths; independent polynomial coefficient vectors may differ. Respect stated physical, interpolation, policy and computational domain limits.
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