Out-of-Pocket Expenses
Submitted by admin on Wed, 04/12/2017 - 14:49
Definition:
The dollar amounts the subscriber is still responsible to pay after the Plan has made payment for provider services rendered. Out-of-pocket expenses result from cost sharing requirements including deductibles, coinsurance, and copayments, as well as non-covered benefits, and costs in excess of plan maximums.
Glossary Category:
Medicare & Medicaid