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2014 Employee Benefits Explanation of Benefits Offered Retirement Options 403(b) Tax Shelter Annuity Plan The 403(b) Tax Shelter Annuity Plan is an optional retirement savings program that provides
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What is explanation of benefits offered?
Explanation of benefits offered is a document provided by insurance companies to policyholders detailing the costs that were covered for a medical service.
Who is required to file explanation of benefits offered?
Insurance companies are required to file explanation of benefits offered for their policyholders.
How to fill out explanation of benefits offered?
Explanation of benefits offered can be filled out by the insurance company electronically or mailed to the policyholder.
What is the purpose of explanation of benefits offered?
The purpose of explanation of benefits offered is to inform policyholders about the costs that were covered by insurance for medical services.
What information must be reported on explanation of benefits offered?
Information such as the date of service, the medical service provided, the cost of the service, and the portion covered by insurance must be reported on explanation of benefits offered.
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