1. Projected Healthcare Costs

Enter your current total annual cost of health insurance:

Insurance premiums for traditional plans are currently rising at an average of 9.5% each year. Here is what your projected healthcare costs will be in 5, 10, and 15 years under your current plan design.

In 5 Years:

In 10 Years:

In 15 Years:

Now let's compare your current rates to the rates of an HSA-Qualified HDHP Plan:
Current Monthly Rates   HSA-Qualified HDHP Monthly Rates
  RATE # of PARTICIpants monthly premium annual premium
EE
EE + SP
EE + FAM
EE + CH
 
  RATE # of PARTICIpants monthly premium annual premium
EE
EE + SP
EE + FAM
EE + CH
Total for Current Plan: /month /year
 
Total For Current Plan: /month /year
By moving from your current plan to the quoted HDHP. you will have the following savings:
Monthly Premium Savings:
Annual Premium Savings:

2. Contribution Scenerios

What percentage of the employee and dependent premiums are you, the employer, currently paying? % of Employee Premium
  % of Dependent Premium
Premium Savings: Annual Employer Cost for Both Plans (based on the Contribution % above)
  Current HSA
Employee Premium
Dependent Premium
Total ER Annual Premium Cost:
Annual ER Premium Savings with HSA Plan:
HSA Contribution Scenarios Based on ER Premiums Savings
Scenario 1
  Total Annual HSA Contributions:  
Contribute 50% of premium savings to HSAs Per EE Contribution to HSA: annually
  Remaining Employer Savings: annually
Scenario 2
  Total Annual HSA Contributions:  
Contribute 75% of premium savings to HSAs Per EE Contribution to HSA: annually
  Remaining Employer Savings: annually
Scenario 3
  Total Annual HSA Contributions:  
Contribute 100% of premium savings to HSAs Per EE Contribution to HSA: annually
  Remaining Employer Savings: annually

3. Employee Cost Analysis

Current Plan EE Premium Cost   HSA Plan EE Premium Cost
     
EE
EE + SP
EE + FAM
EE + CH
 
     
EE
EE + SP
EE + FAM
EE + CH
By Moving to an HSA plan, employees see the following savings in premiums vs. your current plan:
EE EE + SP EE + FAM EE + CH
Monthly Savings
Annual Savings
Employee HSA Total Annual Contribution Scenario
Assuming employees contribute all of their premium savings to their HSAs, and assuming that your company funds each employee's HSA under Scenario 3 above (100% of the ER premium savings used as HSA Contributions), each employee will accrue the following amount each year as tax-free HSA funds:
EE EE + SP EE + FAM EE + CH