Compare your total annual costs across multiple insurance plans
This calculator helps you understand the true total cost of a health insurance plan by combining premiums with estimated out-of-pocket costs under different usage scenarios.
Usage Scenarios:
The amount you pay out-of-pocket before insurance starts sharing costs. After you meet your deductible, you pay coinsurance or copays.
Your share of the cost after the deductible is met. For example, 20% coinsurance means you pay 20% and insurance pays 80% of covered services.
The most you'll have to pay per year. Once you reach this limit, insurance pays 100% of covered services for the rest of the year.
To compare plans, look beyond premiums and examine total costs including deductibles, copays, coinsurance, and out-of-pocket maximums. Use this calculator to input your expected healthcare usage (visits, medications, procedures) across multiple plans to see which has the lowest total annual cost. Consider both best-case and worst-case scenarios to understand your financial exposure. Don't forget to check network coverage and whether your preferred doctors and pharmacies are included.
A deductible is the amount you must pay out-of-pocket for covered healthcare services before your insurance begins to share costs. For example, if your deductible is $1,500 and you visit your doctor for a $200 office visit, you pay the full $200. Once your total out-of-pocket payments reach $1,500, your insurance starts helping pay for covered services. Deductibles reset each calendar year on January 1st.
Coinsurance is a percentage of the cost that you pay after meeting your deductible (for example, you pay 20% and insurance pays 80%). A copay is a fixed dollar amount you pay for specific services like doctor visits or prescriptions, regardless of the actual cost. Copays typically do not count toward your deductible but do count toward your out-of-pocket maximum. Coinsurance usually applies to major services like surgeries and hospital stays.
The out-of-pocket maximum is the most you'll pay in a calendar year for covered healthcare services. This limit includes your deductible, copays, and coinsurance, but typically excludes premiums. For 2026, the maximum for individual plans averages $8,500-9,100 and for families averages $17,000-18,200. Once you reach this limit, your insurance covers 100% of additional covered services for the remainder of the year.
Metal-tier plans represent a percentage of healthcare costs the plan covers: Bronze covers ~60%, Silver ~70%, Gold ~80%, and Platinum ~90%. Bronze has lower premiums but higher out-of-pocket costs, making it best for healthy individuals with minimal healthcare needs. Silver is popular for mid-range costs and subsidies. Gold suits those with predictable healthcare expenses. Platinum offers maximum coverage for frequent users. Choose based on your expected healthcare usage and ability to pay upfront costs.
Yes, your data is completely private. This calculator runs entirely in your browser and does not transmit any of your personal information to external servers. We don't collect, store, or share any data you enter. No cookies are used to track your activity. All calculations are performed locally on your device, ensuring your healthcare and financial information remains confidential.