Insurance Calculators
Health Insurance Cost Calculator
Compare the total annual cost of a health plan including premiums, deductible and out-of-pocket maximum.
Total annual cost
$7,840
- Premiums for the year
- $5,040
- Your medical costs
- $2,800
- Worst-case annual cost
- $12,540
PremiumsOut of pocketWorst case
How this calculator works
Cost = premiums + min(deductible + coinsurance share, out-of-pocket maximum)
- coinsurance
- the share of costs you pay after the deductible
Important considerations
- Out-of-network care usually falls outside these limits.
- A low premium with a high deductible is only cheaper if you stay healthy.
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Learn more
Terms used here
Frequently asked questions
Is the cheapest premium the cheapest plan?
Only if you use little care. Model your expected usage and the worst case before choosing.
Disclaimer
Legamoney calculators are educational tools. Results are estimates based on the figures you enter and do not constitute financial, tax or legal advice.
Last reviewed 2026-08-01