Health Insurance Plan Cost Comparator

Compare health plans by estimating total annual cost across different medical usage scenarios.

This tool models cost-sharing rules, not provider networks or negotiated rates.

Plan A Details

Primary Comparison

Check if you can contribute to a Health Savings Account.

Plan B Details

Alternative

Check if you can contribute to a Health Savings Account.

Medical Usage Assumptions

This is the total allowed medical cost for the year, before insurance pays anything.

Estimated Annual Medical Spend$5,000
Standard Plan

$7,800

Total Annual Cost
Annual Premiums$4,800
Out-of-Pocket Cost$3,000
Worst-Case Scenario$10,800

Plan A is cheaper

By switching to Plan A, you save approximately $500 per year at this usage level.

Premium Plan

$8,300

Total Annual Cost
Annual Premiums$7,800
Out-of-Pocket Cost$500
Worst-Case Scenario$10,800
Cost Breakdown Analysis
Plan A
Plan B
Annual Premiums
Estimated Out-of-Pocket

Understanding the Mechanics

Health insurance costs are a balancing act between fixed monthly payments (premiums) and variable costs at the point of care. Choosing a plan requires predicting your likely medical needs while preparing for the unexpected.

The Premium-Deductible Seesaw

Generally, plans with lower monthly premiums have higher deductibles. This "self-insurance" requires you to have cash reserves ready for medical events.

Out-of-Pocket Maximums

This is your ultimate safety net. Once reached, the insurance company pays 100% of allowed charges. This is the "worst-case" figure we model.

Tool Limitations

  • Models allowed costs only; out-of-network charges are not included.
  • Does not account for specific prescription drug tiers.
  • Assumes all care is medically necessary and covered.
  • Tax advantages of HSAs are calculated as flat offsets.