What does No out of pocket maximum mean in health insurance?

Posted:: 3+ months ago by emeraldpe...
Topics:: plan, pocket, health, insurance, health insurance

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My health insurance plan says there is no out of pocket maximum or deductible just a copay and coinsurance..So what does that mean I have No out of pocket maximum.

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uncaged

I think it means you should shop for a new policy. Most health insurance has a maximum out-of-pocket, so that if something serious were to happen, you would only need to pay a max of that amount (either per-year or lifetime), and the insurance would pay the rest.

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