Basically, what this means, is that in any given calendar year the most we will have to spend out of our pocket it $3,000 before the insurance takes over and
pays at 100%. Prior to us meeting this $3,000 out of pocket maximum, my insurance
pays at 80%.
This calendar year, 2008, we have already met about 1,500+ of the 3,000 dollars.
So:
If we have baby in January we will add this years bills to a new set of $3,000 bills from L &D.