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Calcimator

Short-Term Health Insurance Calculator

Calculate the total cost of short-term health insurance coverage for gaps between employer or marketplace plans.

Inputs

$
months
$
%
$
$

Results

Total Cost (Premium + OOP)

$2,450.00

≈ 19 pairs of sneakers

Total Premiums$450.00
Expected Out-of-Pocket$2,000.00
Insurance Would Pay$0.00
Savings vs No Insurance-$450.00
Break-Even Medical Expense$5,562.50
Cost per Day$5.00
How to Use This Calculator
  1. Enter the desired coverage duration in months (typically 1–12).
  2. Select your age and general health status.
  3. Enter the deductible and monthly premium for the short-term plan you are considering.
  4. Review estimated out-of-pocket costs compared to a marketplace plan.
  5. Note that short-term plans do not cover pre-existing conditions and lack ACA protections.

How the result changes with Expected Medical Costs

Expected Medical CostsTotal Cost (Premium + OOP)
$10,000.00$6,450.00
$35,000.00$11,450.00
$65,000.00$15,450.00
$90,000.00$15,450.00

What each input means

Monthly Premium
Monthly premium for the short-term health plan.
Coverage Duration
Months of coverage needed. Short-term plans typically last 3-12 months.
Plan Deductible
Short-term plans often have high deductibles ($2,500-$10,000+).
Your Coinsurance
Your cost-sharing percentage after meeting the deductible.
Out-of-Pocket Maximum
Maximum you pay out of pocket. May be higher than ACA plans.
Expected Medical Costs
Anticipated medical expenses during the coverage period.

How this is calculated

Worked example, using the default values

  1. Identify Input Parameters
    4 parameters
    Monthly Premium = 150, Coverage Duration = 3, Plan Deductible = 5000, Your Coinsurance = 20 = 6 input(s) provided
  2. Calculate Total Cost
    Total Cost
    2450 = $2,450
  3. Calculate Total Premiums
    Total Premiums
    450 = $450
  4. Calculate Expected Out-of-Pocket
    2000 = $2,000

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