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Glossary

Outpatient Bills

DEFINITION

Outpatient bills are medical charges incurred without staying in a hospital. They include costs such as visits to general practitioners or specialists, as well as diagnostic tests and scans.

ELI5

If you see a doctor, do a test, and go home the same day, the charges you get are outpatient bills.

Other related terms

Lock-in Period

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Endowment Insurance

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Loan-to-Value (LTV) limit

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Time Value Of Money

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