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Your out-of-pocket maximum is the most you’ll have to pay for covered services in a policy period (one year), each January 1st it starts over again, and that includes cost of medications too. After you reach this amount, your health insurance plan will pay 100% for covered benefits called “essential healthcare benefits”. Your out-of-pocket costs are NOT your health insurance premiums. Your monthly premiums are totally separate and are in addition to your medical costs like co-pays, deductibles, and out of pocket maximums.
Read the full article: https://www.nevadainsuranceenrollment.com/health/pocket-maximum/
Health Insurance in Las Vegas, Nevada: https://www.nevadainsuranceenrollment.com/individual-family-health-insurance/
