Health plan quote comparison calculator: how do the quotes compare with today?
Enter your current monthly premium and up to three quotes to see the yearly difference and the employer share of the lowest. Built for HR and finance teams reviewing carrier proposals.
Compare carrier quotes with your current premium.
Enter the total monthly premium for the same enrollment. The result updates as you type.
Your estimate
A premium comparison only. It does not compare benefits or networks.
Why compare quotes on an annual basis?
A monthly difference looks small until it is multiplied by twelve. An annual figure also makes it easier to compare with other costs and to see what a change is worth. Make sure all quotes are for the same enrollment and effective date, or the numbers will not line up.
What else belongs in the comparison?
Premium is the starting point. The plan may have a different deductible, out-of-pocket maximum, network or drug coverage, and those change what employees pay. Ask each carrier for a rate guarantee and for the rate basis, such as the census used. We can build a full side-by-side that covers benefits, network and the effect on employees.
Common questions
Should we always pick the lowest quote?
Not necessarily. A lower premium can come with a narrower network or a higher deductible. Compare the plans as well as the price.
Why do quotes use different enrollment?
Carriers may assume different tier counts or a different census. Ask each to quote the same one.
What is a rate guarantee?
It is a commitment to hold rates or cap an increase for a period. Our rate guarantee calculator shows its value.
Can you collect the quotes for us?
Yes. We take a group to market and compare the proposals with you.
Talk to us about sending your plan to market
Book a 30-minute call and we will look at your census, your renewal and the carriers that fit. Visit us at 41000 Woodward Avenue, Suite 350 East, Bloomfield Hills, MI 48304, or call 248.370.8853.
Unhappy With Your Current Broker?
Switching to CFH takes one signed letter. Your carrier, plan, ID cards and payroll deductions stay the same.
Related guides and tools.
Health and Cost Strategy
How we manage plan cost without cutting coverage.
Free Employer Benefits Tools
The full set of free calculators for employers.
Second Opinion on Your Renewal
Send us your renewal and we will review it.
Group Loss Ratio Calculator
Compare claims with premium and see the change from last year.
Rate Guarantee Value Calculator
Estimate what a multi-year rate cap could save.
Generic Dispensing Rate Savings Calculator
See what a higher generic rate is worth.
An independent employee benefits consulting firm. We look at the entire benefits program — cost, plan performance, risk and administration.
Switch to CFH. Unhappy with your broker? Your employees won’t notice. You will. →