Coordination of Benefits in Medical Billing
Coordination of Benefits (COB) is the process used to determine which insurance payer is primary when a patient is covered by more than one insurance plan.
Coordination of Benefits in Medical Billing Explained
In medical billing, COB ensures that the correct insurance company is billed first and that the other company pays any remaining balance. This prevents duplicate payments and ensures that the patient’s out-of-pocket costs are minimized.
For example, if a patient has both Medicare and private insurance, COB determines which plan pays first.
Discover common acronyms and abbreviations in Medical billing glossary.
-
Years in Business
-
Social Signals
