An explanation of benefits statement, or EOB, is a document that health insurance companies use to explain the costs of recent health care claims to their members. Making sure employees carefully ...

A majority of insurers' explanation of benefits statements don't help consumers understand what their plan covers for specific claims, says a new report from consulting firm Dalbar. The report ...

An Explanation of Benefits (EOB) specifically relates to Medicare Advantage and Part D prescription drug plans. Insurers send EOBs to detail the medical care you’ve received and how the plan covered ...

If like millions of Americans, you have a health plan, you have probably received an Explanation of Benefits (EOB) from your insurer. Many people do not understand this form, and because it includes a ...

Medicare Advantage and Part D prescription drug plans will usually send an explanation of benefits (EOB) after a person receives medical care. It details the services and how the plan covered or ...