Match Each Type of Information Found on an Explanation of Benefits

question 68

Multiple Choice

Match each type of information found on an Explanation of Benefits (EOB) form with its definition.
-Number that identifies or refers to the claim that either the patient or the health provider submitted to the insurance company

• A)patient
• B)insured ID number
• C)claim number
• D)type of service
• E)date of service
• F)charge
• G)not allowed amount
• H)coinsurance co-payment amount

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Definitions:

Highly Compensated Employees

Employees who receive compensation above a specific threshold set by the IRS, subject to certain retirement plan rules.

Pension Plan

A savings strategy for retirement that mandates employers contribute to a fund reserved for an employee's future benefits.

Profit-sharing Plan

A retirement plan that gives employees a share in the profits of the company.

Coverdell Education Savings Account

A tax-advantaged saving account designed to pay for education expenses, from primary to higher education.