out-of-pocket expenses


Also found in: Dictionary, Medical, Financial, Idioms, Wikipedia.

out-of-pocket expenses

n. moneys paid directly for necessary items by a contractor, trustee, executor, administrator or any person responsible to cover expenses not detailed by agreement. They may be recoverable from a defendant in a lawsuit for breach of contract, allowable for reimbursement by trustees, executors or administrators, or deductible by a landlord from a tenant's security deposit for damages beyond normal wear and tear.

out-of-pocket expenses

noun administrative reembursable expenses, defrayal, defrayment, disbursement, entertainment expenses, expenses, individual expenses, itemized expenses, payments, recompense, recoupment, remittance, remuneration, repayment, travel expenses
Associated concepts: out-of-pocket rule
Mentioned in ?
References in periodicals archive ?
Individuals in good health (top row, light green boxes) will pay smaller premiums and few (if any) out-of-pocket expenses.
There are different ways to solve this out-of-pocket expense dilemma: Flexible Spending Accounts (FSAs), Health Savings Accounts (HSAs), and Health Reimbursement Accounts (HRAs).
Perhaps the important thing to consider, if you're planning on living in the home for a long period, might be to pay cash for out-of-pocket expenses to get a lower rate and monthly payment.
If a family with low out-of-pocket expenses were required to pay a portion of the plan premium, the family's total cost for health care might approach that of a family with higher out-of-pocket expenses and no required premium.
Since travel expense can be included as part of the contingency fee, the contract audit eliminates this out-of-pocket expense and further eases budget pressures.
Bowen's proposal would cap out-of-pocket expenses for Medicare beneficiaries at $2,000 a year if they pay an additional $4.
The impact of these discounts on out-of-pocket expenses will vary based on the drugs being taken by a beneficiary.
If the patient can't afford it, but "we obtain it for free from the pharmaceutical companies, and if it does not count toward true out-of-pocket expenses, the patient will never get through the out-of-pocket [limit] and into the benefit.
Over the past few years, several states have increased or begun charging out-of-pocket expenses for Medicaid, State Children's Health Insurance Program (SCHIP), and other public health programs that help many Americans without private health insurance pay for medical care and treatment.
The result is a new suite of plans that allows employers and employees to determine how much to invest in monthly premiums compared with out-of-pocket expenses incurred when services are received.
Meals, recreational activities, and incidentals are out-of-pocket expenses.
The maximum credit per student per year is $1,500 for qualifying out-of-pocket expenses, indexed for inflation in tax years beginning after 2001 (Prop.