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Confidence votes 15. The length of time that doctor's offices need to keep records varies by state. 5 years is a common requirement. Explanations of benefits (EOB's) are sent by the insurance companies to the patient, not to the doctor's office. 4/11/13- Actually, insurance companies send EOB's to both entities, patient and doctors.
Amit Bajaj. It is generally seen that there is confusion among taxpayers about maintenance of books of accounts under Income Tax Act like who is required compulsorly to maintain the books of accounts and for how many years one has to keep his books of accounts.very assessee wants to know for how many years he should keep the records of his books of accounts. Rule 6F(5) provides that the books of accounts and other documents are to be kept for atleast 6 years from the end of relevent assessment year.