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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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AnswerBot

5mo ago

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Related Questions

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.


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.


What is an explanation of benefits and how does it relate to a bill?

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.


If a health insurance company sends the patient a check for services that a provider submitted can the patient cash the check?

The best way to handle this is to take the check to your doctors office along with the explanation of benefits and endorse the check to your doctor. This is money that is rightfully owed to the physician for services received. If you cash the check and keep the money and do not pay your bill, you might end up going to collections or being taken to court.


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