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

Dr. Mehmet Oz, MD
Cardiology (Cardiovascular Disease)

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


This content originally appeared on doctoroz.com

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Important: This content reflects information from various individuals and organizations and may offer alternative or opposing points of view. It should not be used for medical advice, diagnosis or treatment. As always, you should consult with your healthcare provider about your specific health needs.