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Calcimator

Health Plan Comparison Calculator

Compare total annual costs across Bronze, Silver, Gold, and Platinum health insurance plans based on your expected medical spending.

Savings with Best Plan

$900.00

Inputs

$
$
$
$
$

Comparison

Bronze Total Annual Cost

$8,600.00

Silver Total Annual Cost

$9,100.00

Gold Total Annual Cost

$8,200.00

Platinum Total Annual Cost

$8,750.00

Premium vs Out-of-Pocket by Plan

How to Use This Calculator
  1. Enter the monthly premium, deductible, and out-of-pocket maximum for Plan A.
  2. Enter the same figures for Plan B.
  3. Set your expected annual healthcare utilization (low, medium, or high).
  4. Review the Total Annual Cost for each plan under different usage scenarios.
  5. Choose the plan with the lower total cost for your expected utilization level.

How the result changes with Gold Monthly Premium

Gold Monthly PremiumSavings with Best Plan
$290.00$3,420.00
$765.00$2,780.00
$1,335.00$9,620.00
$1,810.00$15,320.00

What each input means

Expected Annual Medical Costs
Your estimated annual medical expenses before insurance (doctor visits, prescriptions, procedures).
Bronze Monthly Premium
Monthly premium for the Bronze plan option.
Silver Monthly Premium
Monthly premium for the Silver plan option.
Gold Monthly Premium
Monthly premium for the Gold plan option.
Platinum Monthly Premium
Monthly premium for the Platinum plan option.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Expected Annual Medical Costs = 5000, Bronze Monthly Premium = 300, Silver Monthly Premium = 400, Gold Monthly Premium = 500 = 5 input(s) provided
  2. Calculate Savings with Best Plan
    Savings with Best Plan = round(
    900 = $900
  3. Calculate Bronze Total Annual Cost
    8600 = $8,600
  4. Calculate Silver Total Annual Cost
    9100 = $9,100

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