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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.
Two or Three Years. Any pay-related records, such as earnings, time cards, schedules and pay rates, should be stored for two years after the employee's termination. Actual payroll records should be retained for three years after the employee's discharge. All paperwork related to the Family and Medical Leave Act needs to be kept on file for three years as well.