Procedures used by insurers to avoid duplication of payment on claims when the patient has more than one policy

A) advance beneficiary notice (ABN)
B) carrier
C) coordination of benefits (COB)
D) fee disclosure
E) fee schedule
F) loss-of-income benefits
G) participating provider
H) patient status
I) relative value units
J) third-party payer

Coordination of Benefits (COB)

A process whereby insurance companies share costs and determine payment responsibilities when a person is covered under multiple insurance plans.

Duplication of Payment

The act of making the same payment more than once, often due to administrative error or oversight, leading to unnecessary financial outlay.