Small Business Health Plan Cost Calculator

Build a benefits budget for your growing team. Adjust contributions, ages, and plan tiers easily. Export results, review examples, and plan with confidence now.

Inputs

More options added: participation, cost-sharing, network, add-ons, caps, proration, and renewal.
Tip: keep the base rate aligned with quotes.

Company & workforce
Participation affects enrolled count and totals.
Headcount in the group.
Used to estimate enrolled employees.
Age factor adjusts premiums.
Typical range: 0.75–1.35.
Per enrolled, Silver, employee-only, age 35.
Plan design
Tier, coverage, network, and cost-sharing.
Tier scales premiums.
Coverage expands for dependents.
Network richness changes premiums.
Higher deductible often lowers premium.
Lower max can raise premium.
Lower coinsurance may raise premium.
Office visit cost-sharing level.
Specialist cost-sharing level.
Used as a richness signal.
Richer Rx coverage costs more.
Contributions, discounts, and caps
Model payroll deductions and budget limits.
Applied to medical premium.
Reduces premium (max 15%).
Adds to premium (max 40%).
Limits employer premium share per enrolled.
Only used if cap is enabled.
Add-ons and employer account contributions
Model dental, vision, and employer-funded accounts.
Adds per enrolled monthly cost.
Adds per enrolled monthly cost.
Used only when dental is enabled.
Used only when vision is enabled.
Affects payroll deductions.
Used only when add-ons are shared.
Employer-funded monthly amount per enrolled.
Only used if enabled.
Fees
Admin, other fees, and advisor cost.
Typical: $10–$30 per enrolled.
HR tools, payroll sync, etc.
Converted into monthly equivalent.
Fee split affects deductions.
Used only when fees are shared.
Timing and forward view
Waiting period proration and renewal planning.
Prorates first-year totals.
Applies to next-year estimate.
Credit estimate (optional)
Educational estimate of a small-business premium credit.
Adds an estimated annual credit line.
Changes maximum credit rate.
Used to phase down the estimate.
Used to phase down the estimate.
This tool provides planning estimates, not legal, tax, or insurance advice.

Example data table

Sample scenario for quick validation and demos.
ItemExample
Employees12
Participation85%
Average age38
Location factor1.05
TierGold
CoverageEmployee + children
NetworkPPO
Deductible$2,500
Employer contribution75%
Wellness discount5%
Dental add-onYes
Admin fee$20
Advisor fee (annual)$1,500
Enter the example values, then compare totals.

How to use

  1. Set employees and participation to estimate enrolled count.
  2. Enter base rate aligned with your local quotes.
  3. Choose tier, coverage, network, and cost-sharing values.
  4. Set employer contribution, discounts, and optional cap.
  5. Add fees, add-ons, and employer account contributions.
  6. Press Calculate, then export CSV or PDF.

Formula used

The calculator models a reference monthly premium per enrolled employee, then scales it using plan and risk factors. It splits costs between employer and employees, adds fees and add-ons, and provides optional scenario estimates.

1) Per-enrolled medical premium (monthly)
per_enrolled = base_rate × tier × coverage × network × rx × age × location × cost_sharing × (1−discount) × (1+surcharge)
Cost sharing is approximated using deductible, OOP max, coinsurance, and copays.
2) Monthly totals and split
enrolled = round(employees × participation%)
medical = per_enrolled × enrolled
fees = (admin_fee × enrolled) + other + (advisor_annual ÷ 12)
employer_medical = medical × employer_pct (then capped if enabled)
Fees and add-ons can be employer-paid or shared.
3) Timing and forward view
first_year ≈ annual × ((365−waiting_days)/365)
next_year ≈ annual × (1 + renewal_increase%)
Waiting days is applied as a simple proration for planning.
4) Optional credit estimate (educational)
credit_rate = 50% (for-profit) or 35% (tax-exempt)
phaseout = max( clamp((FTE−10)/15), clamp((avg_wage−28000)/28000) )
effective_rate = credit_rate × (1 − phaseout)
annual_credit ≈ employer_medical_annual × effective_rate
The credit estimate is simplified and may differ from actual rules.

Notes for practical planning

Benchmark your base rate

Begin with a reference base rate that matches a real quote in your market. Use employee-only pricing near age 35, then adjust the location factor for regional cost pressure. The calculator scales the baseline by tier, network, and prescription richness to produce a per-enrolled medical premium for comparisons. If results seem high, recheck base rate, coverage type, and assumptions. Keep a short history of renewal letters and carrier changes to calibrate future scenarios.

Model enrollment and contribution strategy

Participation sets enrolled headcount and drives premiums, fees, and add-ons. Choose a contribution that supports retention while controlling payroll deductions. Enable the employer medical cap per enrolled employee for a predictable budget. When the cap binds, the employee share rises and appears in the employee monthly total and sensitivity chart. Use participation for compliance targets and to model how many dependents you expect in practice.

Stress-test plan design levers

Premium is influenced by more than tier. Increase the deductible or out-of-pocket maximum to explore lower premiums, then reduce coinsurance or copays to test richer benefits. Network type also matters: broad access often costs more, while narrower designs may trade price for provider choice. Use the factor table to track how age, cost sharing, and network settings combine into one medical premium estimate.

Include fees and ancillary benefits

Administrative costs add up for small groups. Enter admin fees per enrolled employee, add flat monthly tools, and spread annual advisor fees across months. Enable dental or vision add-ons for fuller spend, and choose whether add-ons are employer-paid or shared. Employer account contributions are employer-only cash outflow that increases employer totals. Even small fees can change take-home pay.

Plan for timing, renewals, and cash flow

Cash flow depends on timing and trend. Use waiting period days to approximate first-year proration. Apply a renewal increase to estimate next-year totals and compare them with payroll growth. The annual employer net line subtracts a simplified credit estimate when enabled; validate eligibility and documentation separately.

FAQs

What should I use for the reference base rate?

Use the monthly premium from your most comparable quote: employee-only, mid-level tier, average age near 35. Then adjust location factor and network to align the estimate with your market and carrier.

How does participation change the results?

Participation converts headcount into enrolled employees. Premiums, per-enrolled fees, and add-ons scale with enrolled count, so lower participation reduces totals while keeping per-enrolled costs comparable.

What does the employer medical cap do?

It limits the employer premium share per enrolled employee. If premiums rise above the cap, the employee medical portion increases, which helps you model a predictable employer budget.

How should I interpret deductible and copay changes?

Higher deductibles or higher copays often reduce premium but can increase out-of-pocket exposure. Use these fields to compare designs and discuss employee impact before selecting a richer or leaner structure.

Are dental, vision, and account contributions included?

Yes. Dental and vision add-ons are added per enrolled employee and can be employer-paid or shared. Account contributions are treated as employer-only monthly cash outflow in the totals.

Is the tax credit line guaranteed?

No. The credit shown is a simplified educational estimate based on medical spend, FTE, and wages. Eligibility and rates depend on current rules and documentation, so confirm with a qualified tax advisor.

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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.