Insurance with The Beave's

Term of the Week 📘
Out-of-Pocket Maximum

👉 It's the absolute MOST you will ever have to pay for covered medical expenses in a single plan year.

Once you hit that number? 🎯
Your insurance company pays 100% of your covered costs. 💥
That's right — ONE HUNDRED PERCENT. 🙌
No more bills. No more copays. No more coinsurance. DONE. ✅

💡 Let's break it all the way down so it's crystal clear:
Imagine your out-of-pocket maximum is $7,000 for the year. 📋
Here's how it works step by step:
1️⃣ You pay your monthly premium to keep your coverage active
2️⃣ When you need care, you pay your deductible first
3️⃣ After your deductible, you pay copays & coinsurance for services
4️⃣ ALL of those payments add up toward your out-of-pocket maximum
5️⃣ The moment you hit $7,000? 💥Your insurance takes over and pays EVERYTHING for the rest of the year. 🎉

Your out-of-pocket maximum is essentially your financial safety net — and most people have NO idea what their number even is! 😱

👇 Drop a 💯 in the comments if you KNEW your out-of-pocket maximum — and a 😅 if you're not so sure! Let's see how many people actually know their numbers!👇

Susan Beavers
Insurance with The Beave's
The Insurance Agent who gives a Dam!
📞919-622-2299