What does COB mean on an EOB?
Coordination of benefits
Coordination of benefits (COB) allows plans that provide health and/or prescription coverage for a person with Medicare to determine their respective payment responsibilities (i.e., determine which insurance plan has the primary payment responsibility and the extent to which the other plans will contribute when an …
What is COB amount?
Coordination of benefits (COB) claims are ones you submit to Sun Life for the amount remaining after a claim has been partially paid through another group benefits plan. Typically, this is for a product or service that your spouse or partner has submitted to his or her plan first.
What is a cob questionnaire?
The Coordination of Benefits (COB) Questionnaire listed below contains questions about other forms of medical insurance you have. COB helps to ensure that members covered by more than one plan will receive the benefits they are entitled to while avoiding overpayment by either plan.
What is the process called by which a health insurance company determines if it should be the primary or secondary payer of medical claims?
(Coordination of Benefits):
COB (Coordination of Benefits): This is the process by which a health insurance company determines if it should be the primary or secondary payer of medical claims for a patient who has coverage from more than one health insurance policy.
What does coordination of benefits ( cob ) mean?
See the Coordination of Benefits Transactions Basics. Coordination of benefits (COB) applies to a person who is covered by more than one health plan.
What does Loi stand for in shipping category?
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What kind of standard does HHS use for COB?
For COB pharmacy claim transactions, HHS adopted NCPDP Telecommunications Standard Version D.0. These standards apply to all HIPAA-covered entities, health plans, health care clearinghouses, and certain health care providers, not just those who work with Medicare or Medicaid.