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Insurance Jargon
EOB
Commonly used in healthcare and medical settings
Literal Meaning
Explanation of Benefits
Actual Meaning
A letter showing what was billed, what insurance paid, and what you owe. NOT a bill.
Examples in Context

The doctor noted EOB on the chart.

Helpful Tips
  • 1Remember: EOB means Explanation of Benefits - statement of what was paid
Phrase Thesaurus
Similar words and synonyms for this phrase
explanation of benefits
insurance statement
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