!!Insurance cross-question!!?
if im filling a untried prescription and i give my insurance and it covers most of the charge am i charged by my insurance company subsequent for the amount of my prescription they had covered??
and does an EOB (Explanation of Benefits) show that a prescription be purchased and what type it was?
also, is an EOB (Explanation of Benefits) a bill?
Answers:
An EOB is NOT a bill. Your insurance will not charge you for anything, except your premium. An EOB is an explanation of how your insurance rewarded your claim... It will show how much was charged, salaried, discounted, and most importantly, how much you should pay the provider.
The money you compensated when you picked up your prescription is called a co-pay, you'll reward that with any prescription you get hold of. The co-pay usually varies depending on if you are getting generic or pet name brand drugs. The EOB is just information almost the transaction with the insurance company. What the insurance company remunerated on your behalf, what the provider accepted and what portion was your responsibility, it is not a bill. Generally, at lowest my insurance does not give you an EOB for prescriptions. When you walk to a new pharmacy, you'll necessitate your insurance card and basic info, that's it.
I've never see an EOB issued for prescriptions.
You pay the difference directly to CVS.
Bring your prescription card next to you, that's all you involve.