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What is the purpose of assignment of benefits?

At its core, Assignment of Benefits is a legal agreement that lets your healthcare provider get paid directly by your insurance company for any services youve received. Without AOB, youd have to pay the provider upfront and then file a claim with your insurance to get reimbursed later.

What is the purpose of the assignment of benefits form?

Meaning of AOB in English abbreviation for any other business. Used to talk or ask about things that need to be discussed but are not on the agenda: Ill put that request under AOB and deal with it at the end of the meeting.

What is the assignment of benefits form?

An AOB is an agreement that, once signed, transfers the insurance claims rights or benefits of your insurance policy to a third party. An AOB gives the third party authority to file a claim, make repair decisions and collect insurance payments without your involvement.

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