Question

What are these and what are their importance?
Remittance Advice (RA) or Explanation of Benefits (EOB)

Answer 1

A explanation of benefits (regularly alluded to as an EOB frame) is an announcement sent by a health care coverage organization to secured people clarifying what restorative medicines or potentially benefits were paid for their sake. The EOB is usually appended to a check or explanation of electronic installment.

A Remittance Advice (RA) is a record provided by the protection payer that gives notice and clarification of purposes behind installment, alteration, refusal or potentially revealed charges of a therapeutic claim. It as a rule goes with Medicare and Medicaid installments.