Investments glossary

Out-of-Pocket Maximum

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Quotes of the day:

I wouldn\'t recommend sex, drugs or insanity for everyone, but they\'ve always worked for me.

— Hunter S. Thompson

What does out-of-pocket maximum mean? This number—also called the out-of-pocket limit— is the most a health insurance policyholder will pay each year for covered healthcare expenses. These limits help policyholders control risk by capping their share of healthcare costs. It also helps insurers control risk by making policyholders responsible for part of their healthcare costs.

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