Usage Note
Krankenkasse is the statutory health insurance fund that reimburses treatment, from Kranken- and Kasse (fund, till). The fund übernimmt die Kosten (covers the costs); members hold a Versichertenkarte.
Examples
"Die Krankenkasse übernimmt die Kosten der Behandlung."
Natural Translation
The health insurance fund covers the cost of treatment.
Literal Translation
The health-insurance-fund takes-over the costs of-the treatment.

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