Adulting: Medical Plan Comparison

This app is only intended to be used as a guide to help decide which plan to select. It is a simplification, and as such, actual costs and savings may differ from what is presented here. Please visit this calculator's help page for help and explanations.

Input

Coverage

Marginal Tax Rate

Frequency of FSA/HSA Contributions Rate of Return on HSA Presets:

This table demonstrates the relative value of a High Deductible Health Plan (HDHP) vs. a traditional health plan.

	Traditional	High Deductible
Yearly Premiums
Per-Person Deductible
Family Deductible
Per-Person Out of Pocket Max
Family Out of Pocket Max
Coinsurance Rate
Yearly HSA/FSA contributions There are different rules governing how much you can contribute to an HSA vs. an FSA. In short, each plan holder is allowed to contribute $2650 in 2019 to an FSA (so that if you're on a family plan, you're stuck at $2650). On the flip side, if you're on a single-coverage HDHP, you can contribute $3500 in 2019 to an HSA, and $7000 if you have family coverage. Finally, note that contributions to an FSA are usually lost (although some plans allow for small roll-overs), so that you shouldn't contribute more to an FSA than your yearly expenses. On the other hand, HSAs roll over (and can accrue interest!), so there's no need to limit contributions based on yearly expenses. See this calculator's help page for more details.	FSA	HSA
Person 1 Medical Expenses
Person 1 Copays Note that copays are counted differently than normal medical expenses. In general, copays count toward the out-of-pocket maximum, but not toward a deductible. See this calculator's help page for more details.
Person 2 Medical Expenses
Person 2 Copays
Person 3 Medical Expenses
Person 3 Copays
Person 4 Medical Expenses
Person 4 Copays
Out of Pocket Costs
Tax Savings + Interest Gained
Grand Total