What is an Explanation of benefits (EOB)?
A) Statement sent to the health care provider and the patient explaining what the third party paid.
B) Statement sent to the health care provider and the patient explaining what the patient owes.
C) Statement sent to the health care provider explaining what the third party paid.
D) Statement sent to the patient explaining what the patient owes.

Question

Quizplus · Accepted Answer

An Explanation of Benefits (EOB) is a statement sent by a health insurance company to both the health care provider and the patient, detailing what the insurance has paid for services rendered.

What Is an Explanation of Benefits (EOB)