What Does Maximum Out-of-Pocket Costs Mean?

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What does Maximum Out-of-Pocket Costs mean? Read on to discover the definition & meaning of the term Maximum Out-of-Pocket Costs - to help you better understand the language used in insurance policies.

Maximum Out-of-Pocket Costs

Maximum Out-of-Pocket Costs

The maximum out-of-pocket cost is the amount an insured person can spend for health services from their own money over the course of a year.

We hope the you have a better understanding of the meaning of Maximum Out-of-Pocket Costs.

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