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Quotes of the day:
All that glitters is not gold, and things that look warm are often cold!
Out-of-pocket expenses refer to costs that individuals pay out of their own cash reserves. The phrase is most often used to describe an employee’s business and work-related expenses that are later reimbursed by the company. It also describes a policyholder’s share of health insurance costs, including money spent on deductibles, copays, and coinsurance.
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