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TeachMeFinance.com - explain Out-Of-Pocket Costs Out-Of-Pocket Costs The term 'Out-Of-Pocket Costs ' as it applies to the area of Medicare in the United States can be defined as ' Health care costs that you must pay on your own because they are not covered by Medicare or other insurance'. Previous 5 Terms: Outlet Works Outlet works tower Outlier outliers Outlook Next 5 Terms: Outpatient Care Outpatient Hospital Outpatient Hospital Services (Medicare)- Outpatient Prospective Payment System Outpatient Services About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.