The HEALTH INSURANCE PLAN CALCULATOR helps to determine the most economical plan for you and your family.
Most Calculators compare various Plans on a Before-Tax basis. The HEALTH INSURANCE PLAN CALCULATOR considers tax and Employer-sponsored cost advantages to give you the REAL, AFTER-TAX COST of the Plan.
TO DOWNLOAD THE EXAMPLE OUTPUT REPORT, CLICK HERE.
HOW THE HEALTH INSURANCE PLAN CALCULATOR HELPS YOU CHOOSE THE MOST ECONOMICAL PLAN
WE CALCULATE THE AFTER-TAX COST OF YOUR ANNUAL MEDICAL EXPENSES WHICH IS YOUR TRUE OUT-OF-POCKET EXPENSE
(other calculators use a BEFORE-TAX COST which is not your true expense)
INPUT TO CALCULATOR
- Do you pay premium with before or after tax dollars?
- What is your marginal tax bracket?
- How much do you and your employer contribute to a Health Savings Account (HSA) or Flexible Spending Account (FSA)?
- Does your employer contribute to a Health Reimbursement Account (HRA) on your behalf?
OUTPUT FROM CALCULATOR
- You get an easy-to-read report giving a side-by-side comparison of up to four Health Insurance Plans
- Shows Total Annual After-Tax cost of Medical Expenses (Premium included) for various levels of Annual Out-of-Pocket Medical Expenses
- Written or phone guidance on interpreting the Output is included
- Written or phone guidance on estimating your annual Out-of-Pocket Medical Expenses is included
See an example of the OUTPUT REPORT.
Click here
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