Subrogation refers to the right of a “third-party” to be reimbursed for benefits the entity paid on your behalf when another party is deemed responsible by the court. Subrogation is also known as “the right of recovery” or “the right of reimbursement.”
For example, in a case where the insurance company denies liability, you may have to seek payment of your medical bills through your major medical insurance carrier, like BlueCross and BlueShield. BlueCross and BlueShield would then have a “subrogation interest” in your case.