Question

Which is the best example of an out-of-pocket cost?
A. A claim
B. A benefit
C. A deductible
D. A repair estimate​

Answer 1

A best example of an out-of-pocket cost is: C. A deductible.

What is an Out-of-Pocket Cost?

An out-of-pocket cost can be described as a cost you pay from your own personal reserve, which may include coinsurance, deductibles, copays, and some services covered by an individual's health plan.

Out-of-pocket cost may be reimbursed.

Thus, a best example of an out-of-pocket cost is: C. A deductible.

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