The annual upper limit an individual or family has to pay out-of-pocket for covered health services in any fiscal year is called a:

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The term "catastrophic cap" refers to the annual maximum limit on out-of-pocket costs for covered health services. This means that once an individual or family reaches this cap, they will no longer have to pay for any additional covered services for the remainder of the year. Premium limit refers to the maximum amount an individual or employer must pay for insurance premiums, while cost share refers to the share of costs that must be paid by the individual or family. Deductible allowance refers to the amount an individual or family must pay out-of-pocket before their insurance coverage begins.

The Annual Upper Limit an Individual or Family Has to Pay