what includes deductibles, copays, and coinsurance (but not premiums). Example: If your OOP max is $7,000, once you’ve paid that much, insurance pays all remaining covered costs for the year.
Added by Rosa H.
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Deductibles, copays, and coinsurance are all types of out-of-pocket costs that you pay for healthcare services before your insurance starts to cover the costs. Show more…
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