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What is an explanation of Benefits (EOB)?

An explanation of benefits (EOB) is a document provided to you by your insurance company after you had a healthcare service for which a claim was submitted to your insurance plan.

What is EOB medical abbreviation?

Of all the medical abbreviations, “EOB” is a common one. It stands for explanation of benefits. This is a document that arrives in the mail or to your secure online account that shows how you split your care costs with your health plan. It details how much money you may have to pay out of pocket for the services you receive.

Is an EOB a bill?

The document is sometimes accompanied by a benefits check, but it’s more typical for the insurer to send payment directly to the medical provider. The EOB is not a bill, although it will explain any charges that the patient still owes or may have already paid (in the form of a copay at the time the medical care was received, for example).

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