Explanation of Benefits EOB is an abbreviation used by medical insurance companies with the meaning "Explanation of Benefits." In this context, an EOB is a document sent to a policy holder detailing medical treatments and services that have been claimed by healthcare service providers on the polic...
These terms will not always be used in your Explanation of Benefits, but it is important to know their meaning in case they appear. Procedure Description: Describes the treatments and procedures you received at the dentist’s office. Fee Adjustment:The difference between the approved amount an...
What does EOB stand for?Explanation of benefitsA health care acronym that stands for the description of medical treatments and services that a health care provider has paid for on the behalf of the individual; sent by the health insurance company to patients.Example...
An explanation of benefits includes much of the same information as a medical bill, but the documents serve different purposes. An EOB comes from your insurance company and shows how much the provider charged to your plan, what your plan covers, any eligible discounts, and what you may still...