What is a document sent by the insurance company to the provider and the patient explaining the allowed charge amount, the amount reimbursed for services, and the patient's financi... What is a document sent by the insurance company to the provider and the patient explaining the allowed charge amount, the amount reimbursed for services, and the patient's financial responsibilities? What is a government insurance plan for those with low income? What is a system used to determine how much providers should be paid for services provided?

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Understand the Problem

The question is asking for definitions of specific terms related to health insurance. It provides descriptions that need to be matched with the correct terminology.

Answer

Explanation of Benefits (EOB), Medicaid, Resource-Based Relative Value Scale (RBRVS).
  1. Explanation of Benefits (EOB). 2. Medicaid. 3. Resource-Based Relative Value Scale (RBRVS).
Answer for screen readers
  1. Explanation of Benefits (EOB). 2. Medicaid. 3. Resource-Based Relative Value Scale (RBRVS).

More Information

An Explanation of Benefits (EOB) helps patients understand how their insurance is applied to medical charges. Medicaid provides assistance for low-income individuals. The RBRVS system determines physician payments, widely used by Medicare.

Tips

Avoid confusing EOB with a bill; it's an informational document. Ensure to distinguish between Medicare and Medicaid based on eligibility criteria.

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