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, youll be able to access other important documents and manage their affairs. You should keep most of these vital records indefinitely. How Long Should You Keep Medical Records & Bills? In order to do so, you have to request them. How long to keep every type of important document - The Zebra They can all be thrown away. Experts recommend keeping medical EOBs for a set period of time, but how long depends on the individual circumstances of the patient in question. Now you can focus on leaving a legacy instead of a mess. An Explanation of Benefits is not a bill that you have to pay. I have them going back 13 years. In the event the bill is tax related, like if you run a business out of your house, you will want to keep those bills for 7 years, again just in case you get audited. You can then view your MSN online and print a copy if you want it. How Long Should I Keep My EOBs? | Shredding Medical Records - TrueShred I would recommend that you consult an attorney who specializes in eldercare as he/she would be familiar with the Medicare implications. This link will open in a new window. Additional guidelines based on health include: There is no hard and fast rule for saving medical payment records. Records may be kept indefinitely when: There was a risky situation or undesirable outcome. As with banks, you could get statements online too. Does Medicaid Check Your Bank Account - Medicaid Planning Assistance Loss is hard. 19 infection rate and death rate were 30% . You may have dealings with the owner of the home, even after youve moved out the persons belongings. Covering the Bases: Keep Medicare Summary Notices for at least a year