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What Is an EOB? How to Read an Explanation of Benefits

An EOB is the insurer’s receipt for a claim — it shows what was billed, what the plan allowed, what it paid, and what the patient still owes. Reading it well is a core billing skill.

By Azeem Ahmad · Updated June 2026 · ~5 min read

In one line: An Explanation of Benefits (EOB) explains how the insurer processed a claim. It is not a bill — it tells the biller what to post, what to write off, and what to collect from the patient.

EOB vs. ERA vs. the patient’s bill

Three documents get confused constantly:

Every term here is in the glossary.

The fields on an EOB, decoded

FieldWhat it means
Billed / Charged amountWhat the provider charged for the service.
Allowed amountThe maximum the plan recognizes for that service under its fee schedule or contract.
Contractual adjustment / write-offThe difference between billed and allowed that an in-network provider agrees not to charge the patient.
Paid amountWhat the insurer actually paid the provider.
Deductible / Copay / CoinsuranceThe portions applied to patient cost-sharing.
Patient responsibilityThe total the patient owes — this becomes their bill.
Remark / reason codes (CARC/RARC)Codes explaining any reduction or denial.

How a biller actually uses it

  1. Post the payment — record what the insurer paid against the claim.
  2. Post the adjustment — write off the contractual difference (in-network).
  3. Bill the patient — for the deductible, copay, or coinsurance shown.
  4. Work the denials — if a line was reduced or denied, read the reason code and decide whether to correct and resubmit or appeal.

The math, with a quick example

Provider bills $200. Plan’s allowed amount is $120. The patient has met their deductible and has 20% coinsurance.

So the biller posts $96 paid, writes off $80, and bills the patient $24. Getting this right is the difference between a clean book and lost revenue.

Frequently asked questions

Is an EOB a bill?
No. An EOB explains how the insurer processed a claim. The actual bill comes from the provider afterward, based on the patient-responsibility amount on the EOB.
What is the difference between an EOB and an ERA?
They contain the same information. The EOB is the human-readable statement; the ERA is its electronic version (HIPAA 835) that posts automatically into billing software.
What is the allowed amount on an EOB?
The maximum the insurance plan recognizes for a service under its fee schedule or contract. The provider writes off the difference between the billed and allowed amounts when in-network.
What are CARC and RARC codes?
Claim Adjustment Reason Codes and Remittance Advice Remark Codes — standardized codes on the EOB/ERA that explain why a charge was reduced, adjusted, or denied.

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