Health Plan Cost Comparison Calculator
Compare two health plans’ total yearly cost in a light, expected and bad year of care.
Free · No sign-up · Your inputs stay in your browser
Your numbers
Compare total yearly cost
Your projection
Plan B costs less in an expected year
Light year · $800 of care
A $3,200 · B $1,130
Plan B saves $2,070.
Expected year · $4,000 of care
A $4,400 · B $3,850
Plan B saves $550.
Bad year · $30,000 of care
A $7,400 · B $7,330
Plan B saves $70.
Care amounts are the insurer's allowed charges, before your share. Copays are folded into coinsurance here; check each plan's drug tiers and network, which a cost comparison cannot see.
About this tool
Method, assumptions, practical next steps, and limits.
Premium is only part of the cost
A plan with lower premiums can cost more in a year with heavy care, and a plan with higher premiums can waste money in a healthy year. Testing three scenarios shows the range.
How the calculation works
Yearly cost = premiums − employer HSA money + min(out-of-pocket maximum, deductible + coinsurance × care above the deductible)
Plan A has $2,400 of premiums, a $1,500 deductible and a $5,000 maximum. Plan B has $1,080 of premiums, a $3,400 deductible, a $7,000 maximum and $750 of HSA money. In a light year ($800 of care) A costs $3,200 and B $1,130. In an expected year ($4,000) A costs $4,400 and B $3,850. In a bad year ($30,000) A costs $7,400 and B $7,330.
What the numbers cannot see
Networks, drug formularies and copays for specific services differ between plans. Check that your doctors and medicines are covered. HealthCare.gov explains how to compare total costs on Marketplace plans.
