Medical Cost Calculator

Estimate your annual healthcare expenses.

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Healthcare Costs

Enter your insurance plan details and expected medical needs.

Estimated annual healthcare cost
$0
Monthly: $0
Premiums (annual)
$0
Deductible
$0
Copays
$0
Estimated total cost
$0
Monthly cost
$0
% of $50k income
0%

Worked example

With the default inputs shown below, this calculator returns the following results:

InputValue
Monthly insurance premium ($)$500
Annual deductible ($)$3,000
Copay per visit ($)$30
Expected doctor visits per year5
Out-of-pocket maximum ($)$8,000
Coinsurance after deductible (%)20%
ResultValue
Estimated annual healthcare cost$9,150
Premiums (annual)$6,000
Deductible$3,000
Copays$150
Estimated total cost$9,150
Monthly cost$763

Values shown are produced by this page in your browser; change any input to update them.

How to use the Healthcare Costs

  1. Monthly insurance premium ($) — default $500
  2. Annual deductible ($) — default $3,000
  3. Copay per visit ($) — default $30
  4. Expected doctor visits per year — default 5
  5. Out-of-pocket maximum ($) — default $8,000
  6. Coinsurance after deductible (%) — default 20%
  7. Press Calculate to update the results instantly.

Frequently asked questions

For a family on a typical employer plan, expect $6,000-$12,000 a year in premiums plus out-of-pocket costs, before any subsidy.
The most you pay in a year for covered care. Once you hit it, the insurer covers 100% of in-network costs for the rest of the year.
The share you pay after the deductible, usually 20%. A $10,000 bill after the deductible leaves you $2,000 with 20% coinsurance.

Sources & references