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.