Finance Tools
Insurance Coverage Level Cost Comparison Calculator
Compare Basic vs Standard vs Full coverage plans by estimating total annual cost from premiums, deductibles, coinsurance, and expected covered expenses.
Enter plan details and your expected covered expenses. We estimate total annual cost as:
Total = Premium + Deductible Paid + Coinsurance on remaining expenses
Basic Coverage
Standard Coverage
Full Coverage
Expected Covered Expenses (per year)
Results
Cheapest (estimated): Full — $4,450
Note: This is a simplified model. Real plans can include copays, exclusions, networks, and service-specific rules.
How to use this insurance coverage level cost comparison calculator
- Enter premium, deductible, and coinsurance for each coverage level (Basic/Standard/Full).
- Enter your expected covered expenses for the year.
- Click Calculate to compare total annual costs across plans.
Example
If Basic has $1,800 premium / $3,000 deductible / 30% coinsurance, Standard has $2,600 / $1,500 / 20%, and Full has $3,400 / $500 / 10% with $6,000 expected expenses:
- Each plan's total cost = premium + deductible paid + coinsurance on remaining expenses.
- The calculator ranks plans by estimated total annual cost.
- Use it to decide which coverage level fits your expected usage.
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