As employers try to help employees understand the relationship between medical costs and health insurance premiums, one area that needs a little more explanation is, well, the explanation of benefits.

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 ...

The question of how to read an insurance plan’s explanation of benefits (EOB) remains one of the most requested. During community and employer outreach (prior to COVID), the two top questions were: a) ...

Every time your doctor sends a medical claim to a medical insurance company or care management organization, you will receive an Explanation of Benefits — usually referred to as an EOB or EOB form.