Explanation of benefits

Explanation of benefits

An explanation of benefits is the insurance company's written explanation regarding a claim, showing what they paid and what the client must pay. The document is sometimes accompanied by a benefits check.

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Part of Speech: noun
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Industry/Domain: Insurance
Category: Health insurance
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Related terms

explanation of benefits

Insurance; Health insurance

An explanation of benefits is the insurance company’s written explanation regarding a claim, showing what they paid and what the client must pay. The document is sometimes ...

explanation of benefits (EOB)

Health care; General

When a claim is filed under your CIGNA benefits plan, you get an Explanation of Benefits (EOB). Because we know health care expenses can be confusing, we've simplified the ...

explanation of benefits (EOB)

Health care; General

A statement sent to covered individuals explaining services provided, amount to be billed, and payments made. A summary of benefits provided subscribers by the carrier. Same as ...

explanation of benefits (EOB)

Health care; General

This is a statement a health plan sends to a health plan member. It shows charges, payments and any balances owed. It may be sent by mail or e-mail.

explanation of benefits (EOB)

Health care; Insurance; Managed care; Health insurance

A statement of coverage that lists any health services that have been provided as well as the amount billed and payment made by the health plan for those services.

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Insurance; Health insurance

Insurance on health, thus one can be compensated after a car accident and get his/her amount of installments on health insurance with interest.

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Medical; Health insurance

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Medical; Health insurance

any injury, disease, or disability that may have occurred at some time in the past and may predispose an individual to limited health in the future.

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Medical; Health insurance

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