Single Biggest Cancer Dictionary in the World

What is out-of-pocket cost?

Pronunciation: /aʊt əv ˈpɑkət kɔst/

out-of-pocket cost

Definition

In medicine, the amount of money a patient pays for medical expenses that are not covered by a health insurance plan. Out-of-pocket costs include deductibles, coinsurance, copayments, and costs for noncovered health care services.