Question

What is a document that shows how the amount of the insurance benefit was determined?

a) Insurance policy
b) Explanation of Benefits (EOB)
c) Medical bill
d) Prescription form

Answer 1

The document that shows how the amount of the insurance benefit was determined is the Explanation of Benefits (EOB).

Step-by-step explanation:

The correct answer is b) Explanation of Benefits (EOB). An Explanation of Benefits (EOB) is a document that is provided by the insurance company after they have processed a claim. It explains the details of the claim, including the amount of the insurance benefit that will be paid out. The EOB typically includes information on the services or treatments provided, the amount charged by the healthcare provider, the amount covered by insurance, and any remaining balance that the patient may be responsible for.