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Coordination of Benefits (COB)

Written by: PeopleKeep Team
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Originally published on January 20, 2013. Last updated November 21, 2013.

A contractual provision to prevent an insured from receiving benefits under more than one health insurance plan so that the insured's benefits from all sources do not exceed allowable medical expenses or eliminate appropriate patient incentives to contain cost.

Originally published on January 20, 2013. Last updated November 21, 2013.
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