What is AOB in Medical Billing?

Assignment of Benefits is a legal agreement between a patient and a healthcare provider, authorizing the provider to bill and receive payments directly from the insurance company. This arrangement simplifies the payment process, ensuring that healthcare providers are compensated for their services without requiring patients to pay upfront and seek reimbursement themselves.

Key Features of AOB:

The patient authorizes the provider to bill the insurance company directly.

The insurance company reimburses the provider instead of the patient.

AOB agreements help prevent out-of-pocket expenses for patients at the time of service.

It reduces administrative burdens on patients who might otherwise have to file insurance claims themselves.

AOB is commonly used in various healthcare settings, including hospitals, clinics, urgent care centers, and specialty medical practices.

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