Payments > Insurance Payments
Time Frame on Keeping EOB's
macbook:
Hello,
How long do you keep your EOB's? Is there a standard requirement for this? We just automatically upload it into our system and keep it there. Bu was wondering if there is a requirement so to speak.
Thank again for all your valuable replies.
Kind Regards.
DMK:
My understanding is 7 years minimum. Some states require 10.
Michele:
It does vary from state to state so you need to check yours, but DMK is right. The two I have seen is 7 and 10.
DMK:
Funny, I got our new Blue Shield contract and they stated in the contract that we have to keep records for 6 years for regular Blue Shield clients, and 10 years for the Medicare/Blue Shield clients. Wow.....
PMRNC:
Yes there are contract record retention laws, contract and state law would supersede Federal. Now let's say your state said 15 years, you would follow state guidelines since its longer.
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