what does COB mean dealing with health insurance billing?

what does COB mean dealing with health insurance billing?

i was asked this question and i have no idea what this means the question is

what is the "birthfday rule" that goes with a COB when dealing with a child when billing for a medical service?

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  • Anonymous
    1 decade ago
    Favorite Answer

    COB is coordination of benefits, which means that if a family is insured under more than one policy, then any payouts for benefits are shared/divided between the insurance agencies.

    The birthday rule is used to determine who is the primary insurer of a child whose parents each have an insurance policy that could cover the child. Under the birthday rule", the health plan of the parent whose birthday comes first in the calendar year is designated as the primary plan. Note that it doesn't matter which parent is older, because the year of birth is not a factor. Thus, if your birthday is July 15, 1955, and your spouse's is Sept. 17, 1953, your health plan would be considered primary because your birthday comes first in the calendar year. This is supposedly a "fair" way of determining which policy is the primary one when more than one plan is in effect.

  • Anonymous
    4 years ago

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    RE:

    what does COB mean dealing with health insurance billing?

    what does COB mean dealing with health insurance billing?

    i was asked this question and i have no idea what this means the question is

    what is the "birthfday rule" that goes with a COB when dealing with a child when billing for a medical service?

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  • Pamela
    Lv 4
    4 years ago

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    Lets call these deals what they are bribes. Plain and simple. The bill is horrible. Even the democrats know it is horrible. (at least some of them do) So Reid bribed them to vote yes on the bill. They are hoping that the perks they got will insulate them from the wrath of the voters come November. Another question if these "health care reform" bills are so good how come congress and the unions don't have to participate in these new programs or pay the extra taxes on their Cadillac insurance? Just wondering.

  • COB is provisions and procedures used by Insurance to avoid duplicate payments for subscribers or families who are covered under more than one group policy.

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  • 3 years ago

    trying to figure out which insurance policies is primary due to you having multiple insurance policies

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