Know Your Benefits: What is an EOB?
Whether you’ve been working for two weeks or 20 years, navigating the benefits landscape can be a little confusing. This is particularly true when it comes to interpreting forms and documents you might receive from our insurance carrier.
One of the most common documents is the Explanation of Benefits, or EOB statement. The EOB details how much of a doctor or hospital visit was covered by your VUMC insurance and how much you are required to pay. The EOB is not a bill. If you owe money for a medical visit or procedure, you will receive a bill from the provider.