What is Coordination of Benefits?
Are you paying claims you shouldn't be?
Coordination of Benefits (COB) is a type of Payment Integrity activity for Health Insurance. COB occurs when a person has more than one health coverage at the same time. COB rules determine who the Primary Payer is and who is the Secondary Payer. With the exception of duplicate payments, COB is usually the greatest source of claim recoveries, resulting in cost savings. Paying a claim correctly, the first time, is also a concern of Health Insurance executive.
For a brief on COB and why it is important, click on the video below: