out-of-pocket expenses


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out-of-pocket expenses

Fig. the actual amount of money spent. (Alludes to the money one person pays while doing something on someone else's behalf. One is usually paid back this money.) My out-of-pocket expenses for the party were nearly $175. My employer usually reimburses all out-of-pocket expenses for a business trip.
See also: expense
References in periodicals archive ?
The study found several strategies families use to reduce these nonmedical out-of-pocket expenses, including skipping meals, keeping a car at the hospital to use as a storage place for food and clothing, and choosing to sleep at the hospital with a child to avoid additional costs of food and travel," says Natan Noviski, chief of Pediatric Critical Care.
Since many women are unaware of the ACA's contraception coverage mandate, the impact of the mandate will "depend on how sensitive consumers are to out-of-pocket expenses for contraceptives and how many women were dissuaded from using contraceptive products by that expense before the mandate's implementation," they wrote.
However, if out-of-pocket expenses rise far above the amount that can be deducted for HSA contributions (i.
A Group Medical Reimbursement Policy (GMRP) is a fully insured excess medical policy that covers most out-of-pocket expenses created by copays, deductibles, exclusions, and limitations in primary health plan and ancillary coverage.
People were anxious about the immediate impact of the out-of-pocket expense," Yoder says.
Servicemembers may still have to pay some out-of-pocket expenses if they choose to live above that level.
Out-of-pocket expenses incurred any time during 2004 and 2005 (not just since the act was signed on October 4, 2004) may qualify.
Oualifying individuals--chronically ill senior citizens age 65 or older or their spouses or immediate families--may deduct up to 50 percent of their related out-of-pocket expenses after the first $1,000.
The district will reimburse The Gilley Group for out-of-pocket expenses, and the firm's compensation will be paid for by the seller of any properties, Cridelich said.
There are many stories about parents who didn't sue, because medical bills and out-of-pocket expenses for a child's injury were taken care of by the camp, or by insurance, or because the camp director went out of the way to help.
An HSA is a tax-exempt trust or custodial account established exclusively to pay qualified medical expenses of the account beneficiary who, for the months for which contributions are made to an HSA, is covered under a high-deductible health plan that satisfies certain requirements as to deductibles and out-of-pocket expenses.
According to P&AB's report, while 62 percent of victims did not incur any out-of-pocket expenses, 38 percent did, representing almost 14 million Americans.
As well, they note that participation by consumers on their boards and committees is also limited by personal financial need because "the cost of volunteering can be prohibitive, and many agencies and self-help/peer support groups lack finances to support individual involvement" though reimbursing out-of-pocket expenses.
Another perk with this option is that borrowers can often avoid out-of-pocket expenses since lenders already have their origination documents.