Out-of-Pocket Expenses

(redirected from Out-of-Pocket Expense)
Also found in: Legal, Wikipedia.

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.

Mentioned in ?

References in periodicals archive ?

The average adjusted per claim out-of-pocket expense for oral contraceptive pills fell from $33.

Contraceptive costs drop 20% under Affordable Care Act

Under one option, employees would have to cover their first $600 of medical bills each year, then would be responsible for 10 percent of their additional medical costs until they reach a maximum total out-of-pocket expense of $1,500, after which the state plan would cover the rest.

United States : Missouri switching to deductible health plan

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).

First Rehab offers GMRP, an alternative to HSAs, HRAs, FSAs

People were anxious about the immediate impact of the out-of-pocket expense," Yoder says.

Taking the pulse of consumer-driven health plans

The intent at most schools is for student-athletes to have no out-of-pocket expense.

Policy matters: sports insurance for coaches and athletes

If a patient gets outside help to pay for medications while she's in the donut hole, that financial help may count as an out-of-pocket expense, and once total drug costs reach the "catastrophic" level, Part D will pay for 95% of further costs.

Got Medicare? What people living with HIV need to know about the new medicare drug benefit--"Part D"--starting January 1st, 2006

The company expects to receive net proceeds, before its out-of-pocket expense, of $138 million as a result of the offering.

CBRE goes public--again

The average out-of-pocket expense for scenario 1 (a single person with $87 in annual health care expenses) was $62, or 71 percent of the total expenses.

Employee payments for health care services

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.

Keep the money at home: the illusory promise of contract audits

Under the coming Part D benefit, until the patient has met his or her out-of-pocket expense limit, the patient has to pay for the drug, said Practicing Physicians Advisory Council (PPAC) member Barbara McAneny, M.

Advisers look at out-of-pocket costs for Part D

The result is a win-win situation: The seller gets the property's full market value and the buyer pays little out-of-pocket expense for the mortgage.

Down payment help: The Nehemiah Program offers mortgage assistance for new home buyers. (Real Estate Strategies)

Using WalletWare's ExpensePlus technology, NavigatER will automatically accept out-of-pocket expense information entered through ExpensePlus, automatically pre-populating travelers' expense reports with other expense information originating from charge cards or other sources.