One of the most common challenges during open enrollment is deciding how much to contribute to a Flexible Spending Account (FSA) or Health Savings Account (HSA). This decision is especially important for FSA participants due to the "Use It or Lose It" rule—nobody likes losing money!
The calculator below estimates your out-of-pocket expenses. It simplifies the process into a few easy questions and uses data from multiple sources and researches to provide an average estimate.
Please note that your actual expenses may vary from these averages.
How many members are there in your family?
Your estimated annual visits to medical, vision and dental purposes are based on national averages.
Average expense per visit
The average out-of-pocket expense per visit to your medical professional includes your co-pay, co-insurance and any deductible. US average is for a healthcare visit $50.
What's your average distance from a medical, dental or vision practitioner?
Healthcare related transportation expenses are reimbursable at $0.22 per mile.
Do you or any of your family has these medical conditions?
We are using national averages to estimate the out-of-pocket expenses for each of of these conditions
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Medical Provider Expenses
This expense includes your average co-pay, co-insurance and deductible for all annual visits for the entire family
Out-of-pocket total expense:
Eligible Product Expenses
This section includes the total cost of over-the-counter products such as sunscreen, tampons, Ibuprofen, etc.
Product expenses:
Transportation Expenses
Mileage driven to and from a practitioner at $0.22 per mile
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Transportation expenses:
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