With a new year, and many families having a new health insurance policy going into effect, you may find that you have received something from your insurance company asking for “Coordination of Benefits” or COB information. COB information is used to make sure the insurance companies know if you carry more that one insurance for your family. If you do have a primary and a secondary insurance COB helps the insurance companies determine who pays what part of each claim. Providing this information assures that your claims will be processed correctly and a timely manner. If you do not provide this information to your insurance company, they will deny all claims until they have received what they need.
If your family does not have more than one insurance plan, most of the time a simple call your insurance company will take care of the problem and your claims will be paid. So, make sure when you get these COB forms from your insurance company you fill them out and return them quickly to avoid any problems with your medical claims.