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.
Explanation of Benefits
remittance advice
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.
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.
What benefits? Your employment benefits? Contact your human resources department for that
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.
yes
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.
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explanation of benefits
explains the action taken by an insurance company/payor ona healthcare claim