Common use of Explanation of Benefits (EOB) Clause in Contracts

Explanation of Benefits (EOB). A statement sent from the Contractor to an Enrollee listing services provided, amount billed, eligible expenses and payment made by the Plan. – A statement sent from the Contractor to Providers detailing payments made for Covered Services.

Explanation of Benefits (EOB). A statement sent from the Contractor to an Enrollee listing services provided, amount billed, eligible expenses and payment made by the Plan. – A statement sent from the Contractor to Providers detailing payments made for Covered Services.