Health insurance deductible calculator
See your true annual health care cost — premiums plus out-of-pocket spending — based on your expected medical use.
Health insurance true cost
See your total annual health care cost including premiums and out-of-pocket spending.
This is an estimate for informational purposes only based on national and state averages. Actual rates vary by insurer and individual circumstances. For an accurate quote, contact a licensed insurance agent.
Understanding your true health insurance cost
The sticker price of a health insurance plan — the monthly premium — is only part of your actual cost. Your total annual health care spend includes your premium plus whatever you pay out of pocket: deductibles, coinsurance, and copays. Two plans with the same premium can have wildly different total costs depending on how much medical care you use.
The three numbers that matter
Deductible: what you pay before insurance shares costs. Coinsurance: your percentage after the deductible. Out-of-pocket maximum: the most you can possibly pay in a year. For someone who rarely sees a doctor, a high-deductible plan can save hundreds per year in premiums. For someone managing a chronic condition with frequent specialist visits, a lower-deductible plan may cost less overall despite the higher premium.
HSA advantage with high-deductible plans
If you choose a qualifying high-deductible plan, you can contribute pre-tax dollars to a Health Savings Account. In 2026, the limit is $4,300 for self-only coverage and $8,550 for family. The tax savings alone can offset the higher out-of-pocket costs for people who stay healthy most years.