Ahhh, medical bills, they’re confusing and overwhelming.  Usually, there is a long list of medical jargon along with prices.  Understanding these bills and fees can be made easy.  Follow these steps below when analyzing your medical bills.

When visiting a doctor or hospital, the medical professional will send a bill to your insurance company.  The insurance company may send you a copy of that bill; if that is the case, you do not have to pay anything yet.

Insurance companies usually use the doctor’s bill to create your Explanation of Benefits statement.  An EOB breaks down the services you received by your doctor and adds what amount will be left for you to pay.

When the insurance company pays their portion, then you will receive the actual bill from the doctor.  This bill shows all of the services you receive and the amount that is left to pay on your end.


Cosmo Insurance Agency is an independent insurance agency serving surrounding communities in New Jersey. Cosmo keeps its promise to assure an efficient and creative approach to the services we offer. Each of our clients experience a personalized and long-term relationship with us. Our New Jersey based team of health brokers guides our clients in helping them choose the most cost-effective options. By incorporating the latest in technology-based tools and laws on healthcare, employee benefits, life insurance and finance, we keep our clients up-to-date with the plans that encompass all of their needs, whether it is individual or group insurance. 


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