Free Tool

Healthcare Budget Planner

Plan your healthcare expenses and find the right balance between premiums, deductibles, and out-of-pocket costs.

Your Financial Information

Enter your income and current healthcare expenses to create a personalized budget plan

Your monthly income after taxes

Include doctor visits, prescriptions, and other medical costs

How much you want to spend on monthly premiums

Money set aside for unexpected medical expenses

Dental, vision, life insurance, etc.

Create Your Budget Plan

Enter your financial information to get personalized healthcare budget recommendations.

Helpful Guidance

Budget Planning Tips

General guidelines to help you think through your healthcare budget.

Healthcare Budget Guidelines

  • A common rule of thumb is to aim for roughly 8-12% of income on healthcare
  • Build an emergency fund for medical expenses
  • Consider an HSA for potential tax advantages
  • Review and adjust annually

Money-Saving Strategies

  • Use in-network providers
  • Take advantage of preventive care
  • Compare prescription costs
  • Consider generic medications

These figures are general rules of thumb for illustration only. For guidance tailored to your situation, speak with a licensed agent.

Get Personalized Guidance

A licensed agent can review your budget and help you find coverage that fits your needs - no obligation.