What does explanation of benefits mean?

Definitions for explanation of benefits
ex·pla·na·tion of ben·e·fits

This dictionary definitions page includes all the possible meanings, example usage and translations of the word explanation of benefits.

Wikidata

  1. Explanation of benefits

    An explanation of benefits is a statement sent by a health insurance company to covered individuals explaining what medical treatments and/or services were paid for on their behalf. The EOB is commonly attached to a check or statement of electronic payment. An EOB typically describes: ⁕the payee, the payer and the patient ⁕the service performed—the date of the service, the description and/or insurer's code for the service, the name of the person or place that provided the service, and the name of the patient ⁕the doctor's fee, and what the insurer allows—the amount initially claimed by the doctor or hospital, minus any reductions applied by the insurer ⁕the amount the patient is responsible for ⁕adjustment reasons, adjustment codes EOB documents are protected health information. Electronic EOB documents are called edit 835 5010 files. There normally also will be at least a brief explanation of any claims that were denied, along with a point to start an appeal. A member with secondary insurance gives such information to the provider for the next bill to go out to that insurance company. Generally, secondary insurance pays only the amount the EOB says the member is responsible for. Secondary EOBs show if the patient still has any responsibility to the provider. After the member's insurances have processed the claim, the provider bills the member for the remaining balance, if any.

How to pronounce explanation of benefits?

How to say explanation of benefits in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of explanation of benefits in Chaldean Numerology is: 3

  2. Pythagorean Numerology

    The numerical value of explanation of benefits in Pythagorean Numerology is: 7

Translation

Find a translation for the explanation of benefits definition in other languages:

Select another language:

  • - Select -
  • 简体中文 (Chinese - Simplified)
  • 繁體中文 (Chinese - Traditional)
  • Español (Spanish)
  • Esperanto (Esperanto)
  • 日本語 (Japanese)
  • Português (Portuguese)
  • Deutsch (German)
  • العربية (Arabic)
  • Français (French)
  • Русский (Russian)
  • ಕನ್ನಡ (Kannada)
  • 한국어 (Korean)
  • עברית (Hebrew)
  • Gaeilge (Irish)
  • Українська (Ukrainian)
  • اردو (Urdu)
  • Magyar (Hungarian)
  • मानक हिन्दी (Hindi)
  • Indonesia (Indonesian)
  • Italiano (Italian)
  • தமிழ் (Tamil)
  • Türkçe (Turkish)
  • తెలుగు (Telugu)
  • ภาษาไทย (Thai)
  • Tiếng Việt (Vietnamese)
  • Čeština (Czech)
  • Polski (Polish)
  • Bahasa Indonesia (Indonesian)
  • Românește (Romanian)
  • Nederlands (Dutch)
  • Ελληνικά (Greek)
  • Latinum (Latin)
  • Svenska (Swedish)
  • Dansk (Danish)
  • Suomi (Finnish)
  • فارسی (Persian)
  • ייִדיש (Yiddish)
  • հայերեն (Armenian)
  • Norsk (Norwegian)
  • English (English)

Word of the Day

Would you like us to send you a FREE new word definition delivered to your inbox daily?

Please enter your email address:


Citation

Use the citation below to add this definition to your bibliography:

Style:MLAChicagoAPA

"explanation of benefits." Definitions.net. STANDS4 LLC, 2024. Web. 25 Apr. 2024. <https://www.definitions.net/definition/explanation+of+benefits>.

Discuss these explanation of benefits definitions with the community:

0 Comments

    Are we missing a good definition for explanation of benefits? Don't keep it to yourself...

    Free, no signup required:

    Add to Chrome

    Get instant definitions for any word that hits you anywhere on the web!

    Free, no signup required:

    Add to Firefox

    Get instant definitions for any word that hits you anywhere on the web!

    Browse Definitions.net

    Quiz

    Are you a words master?

    »
    long and thin and often limp
    A pecuniary
    B jejune
    C lank
    D flabby

    Nearby & related entries:

    Alternative searches for explanation of benefits: