Health Insurance Tools
Calculate health insurance premiums, compare plans, and determine the right coverage for your family's healthcare needs.
Health Insurance Plan Comparison
| Plan Name | Monthly Premium | Deductible | Out-of-Pocket Max | Coverage | Doctor Copay | Prescription |
|---|---|---|---|---|---|---|
| Basic Health Plan | $150/month | $5,000 | $8,000 | $500,000 | $35 | 70% after deductible |
| Standard Health Plan | $250/month | $2,500 | $6,000 | $750,000 | $25 | 80% after deductible |
| Premium Health Plan | $400/month | $1,000 | $4,000 | $1,000,000 | $15 | 90% after deductible |
| Family Health Plan | $650/month | $3,000 | $12,000 | $2,000,000 | $20 | 85% after deductible |
| High Deductible Plan | $100/month | $7,500 | $10,000 | $500,000 | Not covered until deductible | Not covered until deductible |
Understanding Health Insurance
Key Health Insurance Terms
Premium: The monthly amount you pay for your insurance plan.
Deductible: The amount you pay before insurance starts covering costs.
Copay: A fixed amount you pay for specific services.
Out-of-Pocket Maximum: The most you'll pay in a year for covered services.
Factors Affecting Premiums
Age, location, tobacco use, plan category, and whether the plan covers just you or your family all affect your premium costs.
Choosing the Right Plan
- Consider Your Health Needs: Frequent doctor visits vs. emergency-only coverage
- Budget Analysis: Balance monthly premiums with potential out-of-pocket costs
- Network Coverage: Ensure your doctors and hospitals are in-network
- Prescription Coverage: Check if your medications are covered
- Preventive Care: Most plans cover preventive services at 100%
- HSA Eligibility: High-deductible plans may qualify for Health Savings Accounts