Definition

A coupon or code that covers health checks like cholesterol tests. It encourages preventive care without adding to your expenses.

What to consider

  • Review every line item for accuracy.
  • Compare the EOB with your bill.
  • Keep the document for future reference in case of disputes.

Real world scenarios

  • After a surgery, Kevin received an Explanation of Benefits (EOB) from his insurer detailing the charges, what they covered, and his remaining balance.
  • Maria reviewed her EOB after an MRI to understand why certain services were partially covered.
  • During a routine check-up, James used the EOB to compare billed amounts with actual payments, ensuring no discrepancies.

Related terms

Healthcare