Even still, some Americans face difficulties obtaining inexpensive health insurance premiums—particularly those at the upper end of the subsidy level and beyond. As a result of the ACA’s design, health insurance rates might vary significantly based on where you reside, your income, and the size of your family.
Regardless matter where you lie on those scales, the best approach to obtain inexpensive health insurance is to shop about and evaluate plans based on their features, monthly premiums, yearly out-of-pocket expenditures, and other factors.
HEALTH INSURANCE PLAN TYPES
There are several health insurance policies available. The kind of plan you select will determine your monthly premium, whether you require a referral to see a specialist, and which healthcare professionals you may see.
Let’s review the three most prevalent health insurance plan types: HMOs, PPOs, and POS plans.
1. Plans offered by health management organizations (HMOs):
HMO plans restrict you to doctors, specialists, and other care providers inside the company’s network.
You are not permitted to see any healthcare professionals outside the network, and a referral is required to see a specialist.
While HMOs are the least expensive form of plan, they provide you with the least degree of control over which providers you visit.
2. PPO plans:
PPO plans provide access to a database of doctors and specialists but do not obligate you to see them. If you visit a healthcare professional who is not part of your network, it will incur an extra charge. A recommendation is not required to see a specialist under a PPO plan. Generally, PPO plans are more costly than HMO policies.
3. Plans at the point-of-service (POS):
POS plans are a hybrid of an HMO and a PPO. With a POS plan, similar to a PPO, you can see doctors and specialists who are not in your network.
However, just like with an HMO, you’ll need a doctor’s reference to see a specialist. POS programs may let you visit the providers you desire at a cheaper cost than PPO plans.
WHAT IS COVERED BY HEALTH INSURANCE?
Before the Affordable Care Act’s implementation, every health insurance plan could virtually include or omit any form of coverage (ACA).
Now, the ACA requires that all permanent health insurance plans contain at least the 10 “essential features” listed below:
- Patient ambulatory services
- Emergency medical services
- Obstetrics, labor, and childbirth, as well as neonatal care
- Mental disorder and substance addiction treatment
- Prescription medications
- Services and equipment for rehabilitation
- Services in the laboratory
- Preventive treatments and examinations for wellbeing
- Services about children, such as ( Breastfeeding assistance and Contraception)
WHAT IS NOT COVERED BY HEALTH INSURANCE?
The majority of health insurance policies exclude the following benefits:
- Male contraception
- Vaccinations for travel
- Coverage for vision and dental care
- Surgery for weight loss
- Surgery for aesthetic purposes
Unless a procedure is deemed vital, the majority of insurance carriers will decline to pay it. These are only a few instances of non-covered treatments and services.
13 BEST CHEAP HEALTH INSURANCE IN FLORIDA
1. AETNA HEALTH INSURANCE FLORIDA
Aetna is one of the least expensive health insurance carriers in Florida, offering inexpensive individual, family, and corporate plans.
Affordable Care Act-compliant plans start as low as a few hundred dollars a month, making Aetna one of the top health insurance options for consumers on a budget. Are you eligible for Medicaid or Medicare?
Aetna also offers you discounted plans and student health insurance if you attend a two- or four-year institution.
2. HUMANA FLORIDA HEALTH INSURANCE
Humana provides both HMO and POS plans at low rates in Florida. Humana’s plans are also among the most affordable for anyone over the age of 45.
Several of Humana’s most cheap plans also offer home health care, a very uncommon benefit under the Affordable Care Act. For individuals who qualify, Medicare plans are also available.
3. FLORIDA BLUE HEALTH INSURANCE
Florida Blue is a part of Blue Cross, a leading health care provider in the United States. Blue provides PPO plans, which allow you the most degree of flexibility in selecting your doctors and healthcare professionals.
This is advantageous if you have a chronic ailment or a long-standing relationship with a healthcare professional and do not wish to begin treatment with a new physician.
Florida Blue has subsidiaries that can assist you in lowering the cost of health care if you are on a fixed income.
Additionally, Florida Blue’s ACA-compliant plans provide complimentary preventative care including physicals, vaccinations, and mammograms.
4. CIGNA HEALTH INSURANCE FLORIDA
Cigna’s insurance plans are competitively priced and provide all ACA-required coverage.
Four out of five consumers who enroll in a Cigna plan are eligible for some form of government assistance to help offset the cost of their premium.
Preventative care is included in all Cigna plans – you will not be charged for medically required immunizations, health screenings, or even some preventive prescribed drugs.
Additionally, you may get discounts on gym memberships, health clubs, and other services to assist you in maintaining your health.
5. FLORIDA PIVOT HEALTH INSURANCE
Are you on the fence about purchasing an ACA plan or do you require coverage throughout enrollment periods? Pivot Health’s short-term health insurance plan may be the solution.
There are several advantages and disadvantages to short-term health insurance. A significant advantage is a price – many temporary policies provide lower premiums than a standard coverage.
However, because this form of coverage is not ACA-compliant, it may provide less coverage, fewer benefits, and lower annual maximums.
If you’ve lost your job and privileges, or recently retired and are facing a gap in coverage between now and the start of Medicare, this sort of plan may be a viable option for you.
The same is true for new migrants to Florida from another state, for young people whose parental coverage expired lately, and so on. Before you get temporary health insurance in Florida, there are several factors to consider.
- In the Sunshine State, short-term insurance policies have a duration of 30 to 364 days.
- You may renew your plan for an additional 36 months.
- may purchase at any time – no registration period is required.
- You can begin receiving coverage the same day after applying with Pivot Health.
- There are no network limitations.
6. UNITED HEALTHCARE
United Healthcare was formed in 1977 and has expanded enormously since then, today serving over 70 million subscribers.
Additionally, this service has direct relationships with over 1.3 million doctors and healthcare professionals, as well as 6,500 hospitals and medical institutions throughout the United States.
Short-term insurance from United Healthcare may be a viable option if you missed the Affordable Care Act’s open enrollment period, are awaiting coverage to begin, or are between jobs.
You can begin receiving coverage the day after you apply, and you can choose your policy duration and deductible.
Additionally, you can cancel your short-term coverage without incurring a penalty if a longer-term insurance alternative becomes available.
7. KAISER PERMANENTE
When you combine a Kaiser Permanente high deductible health plan (HDHP) with a Health Savings Account (HSA), you receive a simple debit card that enables you to pay for qualified costs straight from your HSA funds without additional paperwork.
Additionally, your HSA plan has no hidden costs, and you may avoid paying the $3.25 monthly plan price if you retain an HSA balance of $2,000 or more.
Kaiser may also provide ACA-compliant plans in your region, which means you may be able to use any subsidies you receive to lower your rates.
Oscar’s virtual care experience is facilitated through a mobile app and the option to schedule healthcare visits by phone or video.
Oscar’s mobile app makes it simple for users to manage a digital ID card, schedule appointments, and locate in-network providers.
Renewals of prescriptions and preventive services can be conducted by phone or video conference.
Additionally, you may arrange unlimited virtual appointments for $0.50 with Oscar’s Virtual Urgent Care and Virtual Primary Care.
Depending on your location, you may be able to purchase an ACA-compliant plan via Oscar that is subsidized by the government.
During open enrollment, you may visit healthcare.gov to learn about coverage possibilities in your region.
9. AVMED INCORPORATED
This not-for-profit organization is one of the largest health plan suppliers in the state, with more than 300,000 members.
AvMed creates plans for small to big employer groups and self-insured companies throughout the state of Florida.
Additionally, it offers Medicare Advantage plans for seniors, as well as other individual and family health insurance, in the South Florida counties of Miami-Dade, Broward, and Palm Beach.
The firm is a subsidiary of the holding corporation Santa Fe Healthcare. In addition to AvMed, Santa Fe Healthcare is a health organization that operates many Florida retirement homes and a hospice service.
AvMed offers affordable, dependable programs that are ideal for children and students.
Individual coverage is accessible to residents of Miami-Dade or Broward counties who are not eligible for Medicare and are between the ages of 18 and 64.
10. BRIGHT HEALTH INSURANCE COMPANY OF FLORIDA
Bright HealthCare insurance is ideal for those looking to save the cost of health care insurance by obtaining access to a limited network of doctors and no out-of-network coverage.
Plans are often reasonable, and in certain areas may be the most economical options available. However, the insurer’s affiliation with a restricted number of physicians and health care institutions in each area it covers is a trade-off.
Before enrolling, it’s critical to verify if the insurance company covers health practitioners in your area.
Bright Health is a smart, straightforward, and cheap health insurance plan that links you to top doctors and exceptional treatment – in-person, online, and on the go.
11. MOLINA HEALTHCARE
Molina Healthcare partners with state governments and works as a health plan for families and individuals, delivering a broad variety of high-quality health care services.
It provides an affordable managed care solution for Medicaid and Medicare beneficiaries.
It is typically well-regarded by those who utilize it from disadvantaged and lower-income neighborhoods.
12. HEALTH FIRST HEALTH PLANS INC
Health First Health Plans (HFHP), a subsidiary of Health First, serves about 64,000 members on Florida’s Space Coast with health insurance and related services (Brevard County and north Indian River County).
Its provider network consists of around 750 physicians employed by three regional hospitals.
Among the 70 health plans available are HMOs, PPOs, high-deductible plans, Medicare Advantage (individual), and Group Medicare.
Also, the organization provides preventative health services such as health evaluations for individuals and women’s and children’s programs.
Additionally, HFHP has a pharmacy department that is responsible for managing prescription medication benefits.
13. FLORIDA HEALTH CARE PLANS
FHCP, which is well recognized for its inexpensive health insurance plans in Florida, is a one-stop-shop for all your healthcare requirements.
FHCP provides affordable programs to institutions that include laboratories, main physician offices, pharmacy, radiology, and extra hours care centers.
They are industry leaders in every sector—health, wellness, and insurance.
This is a corporation that sells health insurance products to various health insurers who then offer their policies to consumers.
Ambetter’s Florida health insurance plans are ideal for those seeking minimum coverage and member benefits at an affordable monthly price.
15. COVENTRY HEALTH PLAN OF FLORIDA
This Florida Health Plan offers health care plans and services related to over 300,000 persons throughout the state, including PPO, HMO, point-of-service (POS), Medicaid, Medicare, and Florida Healthy Kids.
It services its consumers through group health plans sponsored by employers, state and local government programs, and individual insurance.
The organization, which offers both corporate and individual health coverage, maintains a network of over 6,500 independent doctors. Coventry Health Care’s Vista Healthplan is a subsidiary.
16. SUNSHINE STATE HEALTH PLAN
Sunshine Health is one of the state’s major health plans.
Health is altering society’s health one person at a time by providing coordinated care and a network of support to its more than 900,000 members.
Sunshine Health is a fully owned subsidiary of Centene Corporation, a multifaceted, multi-national healthcare organization focused on the underinsured and uninsured.
Sunshine Health provides managed care services that are subsidized by the federal government through Medicaid, Long Term Care, Medicare, and Florida’s Health Insurance Marketplace.
FAQs on 20 BEST CHEAP HEALTH INSURANCE IN FLORIDA
In Florida, how much does the typical health insurance policy cost?
For a 40-year-old, the average cost of health insurance in Florida in 2022 is $559. This typical cost, however, may vary significantly depending on the metal tier of coverage you choose and your age. For instance, a 21-year-health old’s insurance premiums are 28% less than those of a 40-year-old.
Which firm provides the cheapest health insurance in Florida?
In most counties in Florida, the lowest priced insurer is Ambetter, which offers much cheaper coverage than the state’s other main health insurance carriers. The Ambetter Balanced Care 30 plan will cost $503 per month in 2022.
How can I obtain affordable health insurance in Florida?
The most effective method of locating affordable health insurance is to compare policies from a range of insurers. By obtaining quotations from many organizations, you’ll be able to discern why certain firms charge more for their programs than others. Then, based on your criteria for what you want in health insurance coverage, you may pick the most appropriate one for your circumstances.
Is It Possible to Purchase Affordable Health Insurance at Any Time?
While you may obtain short-term health care coverage at any time, unless you meet the criteria for a special enrollment period, you can only acquire plans offered in connection with the ACA during open enrollment. Special enrollment periods may occur whenever you add a family member, relocate to a new coverage region, or encounter another qualifying life event.
Is Using a Private Health Insurance Company Worthwhile?
Saving money on the escalating expenses of medical care is critical. Obtaining private insurance does this. To make private insurance affordable, you must fulfill the ACA income standards.
While the firms we featured may be the most economical on the market, bear in mind that your rates may vary based on your area, family size, and if you qualify for subsidies on plans sold via your state exchange or Healthcare.gov.
Whichever position you find yourself in, you may save funds on health insurance premiums by shopping around and researching at least a few different carriers offering policies in your region.
The firms we featured may be a good fit for your budget and desired advantages, whether you’re a virtual worker, need convenience, or searching for a service that provides additional opportunities to economize.