M.O.O.P.

When showing individuals new to Medicare details about their new Medicare Advantage plan, the discussion finds it's way the the Maximum Out Of Pocket (MOOP) expense. In some states it can be as high as $7400.00. Usually the client assumes that this is what they will be laying out for their insurance expenses during that calendar year. Wrong. That figure represents what they could lay out and the most they will ever lay out in a calendar year despite running up tens of thousands of dollars in Medical Bills. Let's face it, that's an awful lot $45 Specialist visits so you really have to have a lot going on to ever get there and most people don't.