What is an Explanation of Benefits (EOB) Statement?
A form you receive from the insurance company each time a claim is submitted on your behalf. A copy is sent to you, and one is sent to your provider (doctor, lab, etc.). It explains how your claim was processed and/or paid. It will include some or all of the following information: what provider you saw, the date, the amount the provider billed, any discounts that may apply, the amount paid and to whom it was paid, any amount that went toward your deductible, the coinsurance amount you are responsible for, and the reason for denial if your claim was denied.
An EOB is a form you receive from the insurance company each time a claim is submitted on your behalf. A copy is sent to you and one is sent to your provider (doctor, lab, etc.). It explains how your claim was processed and/or paid. It will include some or all of the following information: what provider you saw, the date, the amount the provider billed, any discounts that may apply, the amount paid and to whom it was paid, any amount that went toward your deductible, the coinsurance amount you are responsible for, and the reason for denial if your claim was denied.
Related Questions
- Should I include the primary carrier’s explanation of benefits (EOB) when submitting a claim to Washington Dental Service if WDS is the secondary carrier?
- Why do I continue to receive a copy of my Explanation of Benefits (EOB) statement in the mail if I signed up to receive copies online only?
- How do I stop receiving paper Explanation of Benefits (EOB) Statements at my home?
