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Out-of-Pocket Expenses
(redirected from Out-of-Pocket Expense)

   Also found in: Legal, Wikipedia 0.01 sec.
Out-of-Pocket Expenses
Expenses that one must pay from one's personal, instead of business, income. Out-of-pocket expenses include mundane, recurring expenses such as paying the home electric bill or buying groceries. Often, however, the term refers to expenses incurred by an employee in the service of the employer. For instance, an employee may buy a more efficient computer program to accomplish his/her office work. These out-of-pocket expenses are usually reimbursed by the employer. Some out-of-pocket expenses, especially those related to education or health care, are tax deductible.


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The study found that patients with an out-of-pocket expense greater than $250 were seven times more likely to decline to fill their prescription than patients with an out-of-pocket cost of $100 or less.
1) Two experimental measures that use Consumer Expenditure (CE) data to estimate poverty thresholds and medical out-of-pocket expenses are presented.
One of the issues the examining agent generally looks for is the firm's deduction of out-of-pocket expenses it has paid on behalf of its clients.
 
 
 
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