Match Each Type of Information Found on an Explanation of Benefits

question 15

Multiple Choice

Match each type of information found on an Explanation of Benefits (EOB) form with its definition.
-Amount a provider billed the patient's insurance company for a service

• A)patient
• B)insured ID number
• C)claim number
• D)type of service
• E)date of service
• F)charge
• G)not covered amount
• H)total patient cost

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Definitions:

Income Statements

Reports that detail the revenue, expenses, and profitability of a company over a defined accounting period, showing its financial performance.

Service Departments

Units within an organization that provide support services to other departments, rather than producing goods or services for external customers.

Generate Revenues

The process of earning income from business activities, such as sales of goods and services.

Joint Costs

Expenses that are incurred in the process of producing two or more products up to the point where the products are separately identifiable.