out-of-pocket out-of-pocket

Definition(s):

  • (adj) calling for the spending of cash

Usage(s):

  1. According to data released this week tracking Americans' out-of-pocket spending on health care, each year we fork out some $33.
  2. That's because the out-of-pocket costs for diseases that may be avoidable through diet and exercise can be staggering.
  3. In a complex private insurance system with varying co-pays, co-insurance, deductibles, annual out-of-pocket expenses and volumes of small print, this is no small feat.

News

  1. Federal Panel: Hospitals Charging More Than Doctors Offices For Medicare Services

    In an eye-popping but little-discussed 300-page report , a federal advisory panel says the nation's hospitals are repeatedly charging Medicare beneficiaries more than doctors offices for the same services, and are inflating out-of-pocket expenses. The Medicare Payment Advisory Commission points to the increasing trend of hospitals buying out physician practices and driving up costs.… [ Read more ...
    on June 17, 2013     Source: Boise Weekly

  2. Federal rule allows higher out-of-pocket spending for one year

    Starting next year, the Affordable Care Act sets maximum limits on how much consumers can be required to pay out-of-pocket annually for their medical care. But some people with high drug costs may find the limits don't protect them yet.
    on June 12, 2013     Source: Herald & Review

Quotes

  1. But Obama warned: "If we do not reform health care, your premiums and out-of-pocket costs will continue to skyrocket. If we do not act, 14,000 Americans will continue to lose their health insurance every single day. These are the consequences of...
    on Jul 22, 2009 By: Barack Obama Source: AFP

  2. "We will protect seniors -- not burden them with out-of-pocket costs," Mr. Biden said.
    on Sep 23, 2009 By: Joe Biden Source: Wall Street Journal

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