the insurance company.
EOB stands for Electronic Order of Battle.
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.
It's EOD, and it stands for eplosive ordnance disposal.
An Explanation of Benefits (EOB) is a document sent by a health insurance company to explain the costs and payments related to a medical service. It shows what the insurance company will cover and what the patient is responsible for paying. The EOB helps the patient understand the charges on their medical bill and how much they need to pay.
Explanation of Benefits
Explanation of Benefits (EOB) is a form or document that may be sent to you by your insurance company several months after you had a healthcare service that was paid by the insurance company. You should get an EOB if you have private health insurance, a health plan from your employer, or Medicare.
when receiving payment from a privit insurace carrier check the amount of payment on the EOB with the
An EOB is an Explanation of Benefits/payments, normally sent by the payer in paper format. An ERA is an electronic version of the traditional EOB. Instead of receiving a printed, paper explanation of payments and adjustments, an ERA arrives electronically and payment is sent separately or deposited directly into your practice's bank account.
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The length of time that doctor's offices need to keep records varies by state. 5 years is a common requirement.Explanations of benefits (EOB's) are sent by the insurance companies to the patient, not to the doctor's office.4/11/13- Actually, insurance companies send EOB's to both entities, patient and doctors.
Your Explanation of Benefits (EOB) may indicate that you owe money because it shows the amount that your insurance company will not cover for a particular medical service. This does not necessarily mean that you will receive a bill immediately. It is important to review your EOB carefully and contact your healthcare provider or insurance company for clarification on any charges.
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