Insurance terms
Welcome to our terminology page! Here, you'll find a comprehensive list of key terms and definitions relevant to the health insurance space.
All insurance terminologies
Out-of-Pocket Costs
These are your expenses beyond the premium you pay. Out-of-pocket costs are the expenses you pay for healthcare services not covered by insurance. This includes deductibles, copayments, and coinsurance and can have limits like an out-of-pocket maximum.