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Insurance Glossary

Out-of-Pocket Maximum

Health

Definition

The most you have to pay for covered services in a plan year. After you reach this amount, the insurance pays 100% of covered services.

Definición en Español

ES

Máximo de Gastos de Bolsillo

La cantidad máxima que pagará de su bolsillo por servicios cubiertos en un año del plan. Después de alcanzar este límite, su seguro paga el 100% de los servicios cubiertos.

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Related Terms

Deductible
The amount you must pay out-of-pocket before your insurance coverage begins to pay for covered losses.
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