Insurance daily cost benefit caps calculator

Calculate daily payable amounts and total payable with your own figures.

Your numbers

Use the units shown. Results update as you change valid inputs.

Choose the currency for these amounts. Changing it keeps your numbers and does not convert exchange rates.

Use daily payable amounts and total payable to compare changes to your inputs. The method and limits below explain the scope.

Examples

Examples

Try the starting example

Daily eligible costs (USD)
80,120,60
Daily benefit cap (USD)
100
Remaining aggregate cap (USD)
220
Daily payable amounts (JSON)
[80,100,40]
Total payable (USD)
$220.00
Unpaid eligible amount (USD)
$40.00

Try another scenario

Daily eligible costs (USD)
[81, 120, 60]
Daily benefit cap (USD)
100
Remaining aggregate cap (USD)
220
Daily payable amounts (JSON)
[81,100,39]
Total payable (USD)
$220.00
Unpaid eligible amount (USD)
$41.00
Calculation method

Calculation method

Daily payable amounts (JSON)

Apply the daily cap in supplied day order, stopping at the aggregate cap.

Total payable (USD)

Apply the daily cap in supplied day order, stopping at the aggregate cap.

Unpaid eligible amount (USD)

Apply the daily cap in supplied day order, stopping at the aggregate cap.

Symbols and units
a
Daily eligible costs (USD)
b
Daily benefit cap (USD)
c
Remaining aggregate cap (USD)

Use the units shown. A list keeps the order in which you enter its values. The symbol ^ means “raised to the power of”.

Assumptions & limits

Assumptions & limits

  • User-supplied measurements and assumptions; Apply the daily cap in supplied day order, stopping at the aggregate cap. Supported limits: Finite numeric values bounded to 1e9 magnitude; lists and tables contain 1–100 records unless a stricter bound is stated. Inputs use the units shown. Lists explicitly paired by a method must have matching lengths; independent polynomial coefficient vectors may differ. Respect stated physical, interpolation, policy and computational domain limits.
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