Question

Health Insurance

What does out-of-pocket expenses mean in healthcare coverage?

A Answers (1)

  • AMehmet Oz, MD, Cardiology, answered

    Out-of-pocket costs are those health-care expenses you pay that are not reimbursed by your health insurance company. Some common out-of-pocket costs include your deductible, co-pay, and co-insurance.  Your health plan will "cap" your out-of-pocket expenses, which means that once you reach the maximum out-of-pocket costs for your plan, your health plan takes over and provides coverage. Generally speaking, your out-of-pocket expenses are applied toward your deductible.

    Managing your deductible:

    http://www.doctoroz.com/videos/managing-your-deductible

    Helpful? 1 person found this helpful.
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