Insurance Deductible Calculator
Compare two health plans and find which is cheaper at your expected medical spend.
This is an estimate, not insurance advice. Your actual coverage needs, plan costs, and payouts depend on your policy, insurer, and personal situation.
How it works
Picking between a low-premium/high-deductible plan and a pricier one with a lower deductible comes down to how much care you expect to use. This tool runs both plans against the same spending number so you can stop guessing and see the totals side by side.
For each plan it adds twelve months of premiums to what you'd pay in medical costs — full price up to the deductible, then your coinsurance share above it. The plan with the smaller grand total wins for that particular level of spending.
The break-even figure is the useful part. It's the yearly spend where both plans cost exactly the same. Below it, the cheap-premium plan usually wins; above it, the low-deductible plan pulls ahead. Knowing that crossover tells you which plan fits a light year versus a heavy one.
Frequently asked questions
What is the break-even spend?
It's the amount of yearly medical spending at which both plans cost you the same, once premiums and out-of-pocket are combined. Expect to spend less than that and the cheaper-premium plan usually wins; expect more and the richer plan often does.
Why compare total cost instead of just the premium?
A low premium can hide a punishing deductible. The only fair comparison adds the premium you'll pay all year to the medical costs you'll actually incur. That's why this tool combines both into one number for each plan.
How do I estimate my yearly medical spend?
Look at last year's bills as a starting point, then adjust for anything you know is coming — a planned procedure, a new prescription, a growing family. Try a few spending levels here to see how the winner changes as your usage rises.