Out-of-pocket maximum.

A key goal of every health plan is to help pay the enormous medical costs of catastrophic injuries or illnesses.

Unfortunately, most employees do not know that if they had $80,000 or even $800,000 in eligible network expenses in a year, they would not pay more than $3,000 to $10,000, plus co-pays, depending on plan design. Yes, that’s a sizable expense. But most employees would probably say they’d pay $20,000, $40,000 or more. Just ask a few of them.

Your employees deserve to know how well they are protected by the ‘out-of-pocket max’…what should be called ‘your cost protection.’