22-03-2017 01:13 PM
An out-of-pocket limit is a means to protect patients from the aggregate impact of cost-sharing - even if a patient needs substantial medical care during the plan year, they will not spend more than that amount; the insurer will cover the rest of their care costs.
29-05-2017 11:04 PM
To put in an easy to understand answer, the out of pocket limit or "max out of pocket" is the absolute most money that you as the policy owner will have to spend in your policy calendar year.
19-07-2017 01:00 PM
Your expenses for medical care that aren't reimbursed by insurance. Out-of-pocket costs include deductibles, coinsurance, and copayments for covered services plus all costs for services that aren't covered.