Have you ever wondered why your health insurance provider sends you something called an Explanation of Benefits (a.k.a. EOB) in the mail after a doctor visit or medical procedure? To do just that...explain what the insurance company will pay for (your benefits) and what you, as a subscriber, are responsible for.
I have learned over the year to keep all of these EOB's, even though I want to throw them out as soon as I get them. Why do I find it important to keep these EOB's? Yesterday, I had an experience that was a perfect case in point.
