What does “max out-of-pocket” mean?

A max out-of-pocket, also referred to as an out-of-pocket maximum, is the most a health insurance policyholder (client) will pay each year for qualified healthcare expenses. When this limit is reached, your health plan will cover 100% of your covered expenses. Depending on the carrier and type of plans available to you, you can usually choose from multiple out-of-pocket limits.

Your max out of pocket is very important because that is the amount you will owe if you have a major illness or accident.

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Shane Saunders

Shane and Kari Saunders co-founded The Insurance Solutions Experts to help families and companies find affordable insurance options. Shane has a Bachelor of Arts in Elementary Education from UTSA and a Masters of Arts in Christian Education from Southwestern Baptist Theological Seminary in Forth Worth. He is accredited and licensed and has received comprehensive certification in Healthcare Reform as well as all forms of state health care insurance plans. He offers individual health insurance coverage, life insurance, several other lines of affordable insurance options as well as group health insurance plans. Shane@theinsuranceexpert.com 210-954-6478 or 636-287-9369