Cheap & Affordable Health Insurance in Florida – 2022

By | April 13, 2022

Do you want health insurance in Florida that is cheap and affordable in 2022? 

Here is a guide where you will know the cheap and affordable health insurance in Florida, exactly how the Florida health insurance policy works, its benefits, its limitations, and the best health insurance companies that can offer you low-cost coverage. 

Here on, you’ll find detailed reviews of Florida health insurance providers and learn all you need to know about them.

Best cheap health insurance companies in Florida

This list will provide you with some of the best health insurance companies in Florida that offer cheap health insurance. 

 Aetna Health Insurance Florida

 Aetna Health Insurance Florida

With over 168 years of experience in the healthcare industry, Aetna is one of the most affordable health insurance plans in Florida and offers a wide range of options for individuals, families, and businesses.

Plan prices begin at a few $100 a month, which makes Aetna one of the best options for people on a budget. 

As part of its special student health plans, Aetna offers low-cost options for you and even has health plans designed for those attending two- and four-year colleges. 

 Humana Health Insurance Florida

Humana has established a reputation within the Florida insurance market as a company that offers both HMO and POS plans at competitive rates, as well as some of the most affordable plans over 45 years of age.

For eligible individuals, there are also ACA-compliant plans and Medicare plans that can be purchased. 

Florida Blue Health Insurance

Florida Blue Health Insurance

Blue Cross is a nationwide healthcare company that owns Florida Blue. 

With Florida Blue, you can pick a doctor and a health care provider from a variety of PPO plans that you can choose from.

This can be advantageous for someone who has a chronic health condition or a long-standing relationship with a health care provider, and who does not wish to start treatment with a new healthcare provider.

Those living on a fixed income may benefit from subsidies offered by Florida Blue.

Cigna Health Insurance Florida

Cigna Health Insurance

Cigna Health Insurance

It is estimated that nearly four out of every five people who choose a Cigna plan are eligible for some form of government subsidy, which can reduce their insurance premiums. 

The plans from Cigna are affordable and contain all benefits that are compliant with the Affordable Care Act.

Preventive care is free with Cigna plans – that means that you won’t pay a dime for medically necessary vaccinations, physical screenings, and even for some prescription drugs.

Among the discounts you can unlock are those on gym memberships, health clubs, and more to help you stay healthy.

Pivot Health Insurance Florida

Pivot Health Insurance

Pivot Health Insurance

Need coverage between enrollment periods or are hesitant to buy an ACA plan. 

There are many options available for short-term health insurance, but Pivot Health may be the best option for you.

The advantages and disadvantages of a short-term health insurance plan can be equally as formidable. 

The main pro of temporary health plans is their affordability – many temporary plans come with lower premiums than regular insurance plans. 

The problem is that these plans do not comply with the ACA, so they may not offer as much coverage, fewer benefits, and have lower maximums.

This type of plan might be a good option for you if you lost your job and benefits or recently retired and have gaps between your current coverage and Medicare.

 In regards to Florida temporary health insurance, there are some things to consider before purchasing.

  • In the Sunshine State, short-term policies last between 30 and 364 days
  • Your plan can be renewed up to 36 months
  • There are no enrollment periods – you can buy anytime
  • You can apply for Pivot Health the next day, and receive coverage the very next day
  • There are no network limitations

Types of Health Insurance Plans

The state of Florida offers a wide array of health insurance plans. 

Your choice of health insurance plan will determine how much you pay and whether you need a referral to see a specialist. 

Here are three types of health insurance: HMOs, PPOs, and POSs.

  • Health maintenance organization (HMO) plans: 

As part of an HMO plan, you are subject to only seeing doctors, specialists, and other healthcare providers who are members of that organization’s network. 

If you choose to see a health care provider outside of the network, a referral must be obtained in order to make an appointment with a specialist. 

HMOs are the least expensive type of health plan, but they give you the least freedom in terms of choosing the health care provider whom you want to see.

  • Preferred provider organization (PPO) plans: 

With the PPO plans, you have access to a large network of doctors and specialists, but you are not required to see them at all. 

In the event that you seek medical care from a health care provider outside your network, you will have to pay an additional fee. 

It is not necessary for a PPO plan member to obtain a referral in order to see a specialist. 

The cost of PPO plans is usually higher than that of HMO plans.

  • Point-of-service (POS) plans: 

HMOs and PPOs have features that are similar to POS plans. Using a POS plan, you will be able to see specialist doctors that are located outside of your network – much like a PPO. 

The only difference is that you will still need a doctor’s referral to see a specialist, just like if you were under an HMO. 

The POS plans make it easier for you to see the doctors you want at much lower rates than PPO plans. 

Short-Term Health Insurance Florida

As there are no state-level laws governing short-term temporary health insurance in Florida, federal laws regarding short-term temporary health insurance apply in this state.

The benefit of this is that insurers can now offer plans that have a term of 364 days or less, with up to three renewals totaling 36 months. 

As a result, short-term health insurance plans may not offer the same benefits and coverage as long-term plans which comply with the Affordable Care Act. 

If you are considering signing up for a temporary health insurance plan, make sure you do your research first.

Health insurance rate changes in Florida

Health insurance rate changes in Florida

There are yearly changes to the rates, deductibles, and out-of-pocket maximums for health insurance policy holders.

Thereafter, the plans are submitted to the federal exchange for approval in advance of the next year’s plan year.

There was an increase of 6% in the average cost of health insurance plans in Florida between 2021 and 2022.

This equates to a monthly increase of $31.

Platinum plans were the ones with the biggest price increase, with an increase of 9% in 2022.

The price of Gold, Bronze, and Expanded Bronze plans increased between 5% and 7%.

The cost of Silver and Catastrophic plans increased the least from 2021 to 2022, ranging from 2% to 3%.

Metal tier
Change (2022 vs. 2021)
Catastrophic $269 $303 $312 3%
Bronze $401 $414 $436 5%
Bronze Expanded $434 $433 $465 7%
Silver $584 $571 $585 2%
Gold $624 $618 $655 6%
Platinum $825 $827 $901 9%

Frequently asked questions

What is the average cost of health insurance in Florida?

Currently, a 40-year-old in Florida has to pay an average of $559 per year for health insurance in 2022.

It is very important to note, however, that the average cost of insurance is going to vary greatly depending on how much coverage you choose and your age.

The health insurance prices of a 21-year-old for example are 28% cheaper than those of a 40-year-old.

How do I get cheap health insurance in Florida?

Comparing health insurance policies from multiple insurers is the best way to find a cheap policy.

It is vitally important that you receive quotes from many companies to get the most accurate understanding as to why some companies have more expensive plans than others.

Once you have established what you want in a health insurance policy, you can use those criteria to choose the best one for your particular situation.

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