Price My Risk
We all think we have above-average health, above-average habits, and above-average luck. Let's find out what that assumption could cost you.
Price My Risk asks a few quick questions about your health, habits, and life, then uses AI to estimate what a year of healthcare might cost you: both in a normal year and if something goes wrong. It is built to counter a common bias, the belief that bad health years happen to other people. Seeing a realistic bad-year number helps you choose a plan that protects you instead of one that only looks cheap. Free, no sign-up.
How it works
Answer a handful of quick questions about your health, habits, and lifestyle. The tool then estimates two numbers: what a routine year of care might cost you, and what an expensive year could look like if an accident or serious diagnosis lands in your lap. The distance between those two numbers is the risk a health plan exists to cover.
The numbers behind the risk
Most people, in most years, spend very little on healthcare. People with employer coverage pay only about $900 out of pocket in a typical year. That is why a low-premium, high-deductible plan can feel like a smart bet.
But healthcare spending is wildly concentrated, and you do not get to choose which year you are about to have:
| In a given year | Average cost |
|---|---|
| A typical person with employer coverage | About $900 out of pocket |
| The highest-spending 5% of people (about half of all U.S. health spending) | About $72,918 in total care |
| The highest-spending 1% of people | About $150,467 in total care |
Sources: out-of-pocket spending, Peterson-KFF Health System Tracker; concentration of spending, KFF analysis of 2023 Medical Expenditure Panel Survey.
That is the whole point of pricing your risk. A normal year is cheap. A bad year can cost more than a year of income, and roughly one person in twenty has that year. Price My Risk helps you picture both before you pick a plan.
Expected vs. unexpected risk
A good plan has to handle two very different kinds of cost.
Expected costs are predictable and routine: regular checkups and preventive care, and medications for ongoing conditions like high blood pressure, diabetes, asthma, or high cholesterol. You can budget for these.
Unexpected costs are sudden and rare: an accident that lands you in the emergency room, a serious diagnosis that needs extended treatment, or a complication from a procedure. You cannot budget for these, only insure against them.
The best plan gives you the best financial outcome for the care you expect to use, while still protecting you when the unexpected hits.
How to use the result
- Stress-test your deductible. Compare the bad-year estimate against a plan's deductible and out-of-pocket maximum. If a bad year would wipe out your savings, a low-premium plan may be a gamble you cannot afford.
- Pair it with the total-cost math. Use the estimate alongside our method for estimating your total yearly cost to compare plans on real numbers, not just the monthly premium.
- Right-size your coverage. If your expected costs are high (ongoing care or medications), a richer plan often wins. If they are low but you could not absorb a bad year, you are buying protection, not predicting spending.
Frequently asked questions
Is Price My Risk free?
Yes. Price My Risk is free and does not require an account or sign-up.
What does it ask me?
A few quick questions about your health, habits, and lifestyle. It does not ask for personal identifiers and we do not save your data.
How accurate is the estimate?
It is directional, not exact. The tool combines what you tell it with population patterns in healthcare spending to give a sense of a normal year and a bad year. Nobody can predict your actual costs, which is the point: the gap between those two numbers is the risk you are insuring against.
Price My Risk is for education and planning, not a quote or medical advice.