Itemized  ·  Glossary  ·  EOB

EOB.

Explanation of Benefits.

The document your insurer sends you after a medical claim. Lists what was billed, what your insurer paid, and what you owe. NOT a bill — just an explanation. The actual bill comes from the hospital. EOB and bill amounts should match; if they don't, you have grounds to dispute.

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Other terms.

CPT Code HCPCS Code MS-DRG Deductible Coinsurance Copay Out-of-pocket maximum MRF Chargemaster Negotiated rate