Sentences with phrase «pocket payment maximums»
The Georgetown researchers noted that currently offered short - term plans have out - of - pocket payment maximums well above the current limits under Obamacare.
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This could include treatment for diabetes, heart disease, or any cancer — while the Cigna plan has a relatively high monthly payment (higher than 40 % of plans), the low deductible, out - of - pocket maximum and overall maximum cost makes it a great choice for people who expect to use a lot of healthcare services.
The annual out - of - pocket maximum includes deductibles and coinsurance payments.
Additional information may include the amount of payment actually made to your provider and how much of your annual deductible and out - of - pocket maximum have been met.
Out - of - pocket maxima: Similar to coverage limits, except that in this case, the insured person's payment obligation ends when they reach the out - of - pocket maximum, and health insurance pays all further covered costs.