# Out-of-Pocket Maximum

*Insurance — Finicade finance glossary*

The out-of-pocket maximum is the most you can pay in a plan year before the insurer covers everything else in full. It's the number that actually defines your worst case, and it matters far more than the deductible when comparing plans — a low-premium plan with a high out-of-pocket maximum is a bet that you stay healthy. Premiums themselves don't count towards it, and out-of-network care often doesn't either.

**Also known as:** OOP max, annual limit on costs, out of pocket limit

**Related terms:** [Coinsurance](https://finicade.com/glossary/coinsurance), [Deductible](https://finicade.com/glossary/deductible), [Copay](https://finicade.com/glossary/copay), [Health Insurance](https://finicade.com/glossary/health-insurance), [Policy Limit](https://finicade.com/glossary/policy-limit)

Source: https://finicade.com/glossary/out-of-pocket-maximum