Your out-of-pocket maximum is the largest amount of money you pay toward the cost of your healthcare each year.

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The out-of-pocket maximum is the highest amount an insured individual is responsible for paying for covered medical expenses within a certain period, usually a year. Once the individual reaches the out-of-pocket maximum, the insurance company covers all remaining eligible expenses for the rest of the year.

Your Out-Of-Pocket Maximum Is the Largest Amount of Money You