Health Insurance Cost Definition Our free online health insurance costs calculator makes calculating your cost of health insurance as easy as 1-2-3. Just fill in the fields below and press calculate! Use estimates if you need to and just enter in your average number of annual Doctor’s office visits, your annual cost of in network care, annual cost of out of network care, your monthly health insurance premium, your health insurance copay, your health insurance plan deductible, the percentage that you are responsible to pay for out of network benefits, your health insurance plan out of network deductible, and your health insurance plan maximum out of pocket cost.
How to Calculate Health Insurance Cost Let's be honest - sometimes the best health insurance cost calculator is the one that is easy to use and doesn't require us to even know what the health insurance cost formula is in the first place! But if you want to know the exact formula for calculating health insurance cost then please check out the "Formula" box above.