Deductible vs Premium Calculator

Compare plan costs for deductible-premium tradeoffs quickly. Model likely spending, copays, coinsurance, and out-of-pocket limits. See breakeven points, then choose your best coverage today.

Plan details

Enter each plan’s premium and cost-sharing rules, then model expected annual covered spending.
$
Allowed/covered amounts you expect this year.
%
Percent of spending that must meet the deductible first.
%
Use the plan’s benefit summary to estimate.

Plan A

Higher deductible, lower premium

$
$
%
$
$
$
%

Plan B

Lower deductible, higher premium

$
$
%
$
$
$
%

Scenario modeling

Use three spending levels and weights to estimate an expected annual total.
Low scenario
$
%
Mid scenario
$
%
High scenario
$
%
Tip: If your weights don’t add up to 100%, the calculator normalizes them.
Results will appear above this form after you submit.

Example data table

Sample inputs and estimated totals for one spending scenario.
Item Plan A Plan B
Monthly premium $210 $320
Deductible $1,000 $500
Coinsurance 20% 15%
Out-of-pocket max $6,000 $4,500
Annual covered spending $3,500 $3,500
Estimated total annual cost $3,? (varies by copays) $4,? (varies by copays)
Replace the question marks by running the calculator with these values.

Formula used

This model estimates annual cost from premiums and cost-sharing. It’s a planning estimate, not a claim adjudication engine.
1) Split expected spending
Some spending may bypass the deductible (depending on benefits).
SubjectSpend = ExpectedSpend × SubjectPct
NonSubjectSpend = ExpectedSpend − SubjectSpend
2) Out-of-pocket estimate
Deductible applies first, then coinsurance. Copays are added.
DedPaid = min(Deductible, SubjectSpend)
CoinsOnSubject = (SubjectSpend − DedPaid) × CoinsRate
CoinsOnNonSubject = NonSubjectSpend × CoinsRate
Copays = VisitCopay×Visits + RxCopay×Fills
OOP = min(OOPMax, DedPaid + CoinsOnSubject + CoinsOnNonSubject + Copays)
3) Total annual cost
AnnualPremium = MonthlyPremium × 12
TotalAnnualCost = AnnualPremium + OOP
Breakeven spending is found by numeric search where Plan A and Plan B totals match.

How to use this calculator

  1. Enter each plan’s monthly premium, deductible, coinsurance, and out-of-pocket maximum.
  2. Add typical copays plus how many visits and prescriptions you expect yearly.
  3. Set the deductible-applicable share to reflect what must meet the deductible first.
  4. Type a single spending estimate to compare plans for one scenario.
  5. Optionally fill low, mid, and high scenarios with weights to compute an expected total.
  6. Submit to view results, then download CSV or PDF if needed.
If your plan treats copays differently or has separate deductibles, adjust inputs and interpret results accordingly.

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Important Note: All the Calculators listed in this site are for educational purpose only and we do not guarentee the accuracy of results. Please do consult with other sources as well.