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explains the action taken by an insurance company/payor ona healthcare claim

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Bennie Schultz

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3y ago

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Related Questions

What is the purpose of an explanation of benefits?

explains the action taken by an insurance company/payor ona healthcare claim


What does the term EOB stand for?

Explanation of Benefits


What is the explanation for the purpose of a business?

to make money


What is another name for explanation of benefits?

remittance advice


What is a teleological explanation?

A teleological explanation refers to an explanation of phenomena based on their purpose or goal rather than just the causes that led to them. It often involves attributing design or purpose to natural or physical processes.


What is the difference between Remittance Advice and Explanation of Benefits?

A remittance advice is a notice that payment has been made. An explanation of benefits is a notice of what services will be paid and in what amounts, and/or will not be paid and why.


Is an Explanation of Benefits a bill?

No, an Explanation of Benefits (EOB) is not a bill. It is a document sent by a health insurance company to explain the costs and payments related to a medical service or treatment.


Why does the explanation of benefits not match the bill?

The explanation of benefits may not match the bill because they come from different sources and may have different information regarding the services provided and the amount owed.


Should all insurance companies be sending an Explanation of Benefits?

yes


What is the purpose and benefits of agreeing realistic targets?

The purpose and benefits of agreeing on realistic targets is to explain the purpose and benefits of letting other people know work that is planned and what will need to be changed in order to hit the time frame.


What is the difference between an explanation of benefits and a bill?

An explanation of benefits is a document that explains the costs and coverage of medical services provided by an insurance company, while a bill is a request for payment from a healthcare provider for services rendered.


Purpose Type Explanation Examples of Motherboard?

hi lambchops are yummy lol