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Health Insurance Q & A
What is an out-of-pocket max?
An out-of-pocket max is the cap, or limit, on the dollar amount you have to pay for covered health care services in a plan year. If you meet that limit, your health plan will pay 100% of all covered healthcare costs for the rest of the plan year.
Several health insurance plans call this an out-of-pocket limit. Now this can usually be found under your deductible. And it’s quite common to be in the above ten thousand.
Now the real question you should ask yourself is what is your out-of-pocket max?
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