Explanation of benefits

Not all claims are paid in full or some are denied completely, and there could be many reasons for this. Ensure that you understand the reason behind each payment and work to resolve any issues. First, if there is a denial, it will show up on the Explanation of Benefits (EOB). [...]

What is an EOB?   An EOB, or Explanation of Benefits, is a report from the insurance payor with their decision on the insurance claim. It contains important information such as the procedure billed and the amount paid. You will typically receive this 30-45 days after submitting a claim. Different insurance [...]