COBRA vs Marketplace Calculator for Early Retirees

Leaving your job before 65? See what health coverage will cost each year until Medicare — and find out if you qualify for help paying. This tool compares COBRA with a Marketplace plan (also called Obamacare or the ACA), using 2026 rules. It runs on your device — nothing you type is sent anywhere.

Your details

Annual income (applied to every year unless you customize below)
Other income (dividends, interest, etc.)
Assumptions (optional)

This is an estimate to help you plan. It is not insurance or tax advice. See the disclaimer.

What you'll see

Fill in your details on the left and press Calculate my comparison. You'll find out if you qualify for help paying (a subsidy), and see a cost for every year until Medicare — what COBRA would cost, what a Marketplace plan (Obamacare) would cost after any help, and which one is cheaper.

COBRA only lasts 18 months after you leave a job, so it shows for the first year and a half. After that, your choice is a Marketplace plan or no coverage.

Example: single person, retires at 60 in 2026

Income $50,000 a year, COBRA quoted at $900/month. Using 2026 rules, this person's income is about 320% of the poverty line, so they qualify for help on a Marketplace plan:

Option (year 1, age 60)Cost for the year
COBRA (full price, $900 × 12)$10,800
Marketplace — full price$17,212
Marketplace — after subsidy (what you pay)$4,980

In this example a subsidized Marketplace plan (about $4,980) is far cheaper than COBRA (about $10,800). COBRA tends to win only in a year your income is too high for any subsidy. These are national-average estimates. Your real price depends on your state, age, household size, and income. Run the calculator for your own numbers.

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