Which is better, comprehensive plan or high-deductible plan with HSA?

Health Savings Accounts (HSAs) were created by the Medicare bill signed by President Bush on December 8, 2003. HSAs are a form of medical savings account that must be accompanied by a high-deductible health insurance plan. HSAs allow individuals/employers to set aside money on a pre-tax or tax-deductible basis and then withdraw the money tax-free to pay qualifying medical expenses. Use this calculator to help compare a traditional, low-deductible health plan to a high-deductible health plan accompanied by an HSA to cover out-of-pocket expenses.
Comprehensive Health Plan
Deductible ($) 
Coinsurance (%) 
Maximum annual out-of-pocket (OOP) ($) 
Monthly insurance premium ($) 
High-Deductible Health Plan with HSA
Deductible ($) 
Coinsurance after deductible is met (%) 
Maximum annual out-of-pocket (OOP) ($) 
Monthly insurance premium ($) 
Other Assumptions
Anticipated yearly medical expenses
(incurred by one individual) ($)
Marginal tax rate (state/federal plus 7.65% SS/Medicare) (%)help
Plan type 
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

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