How Much is Family Health Insurance in Florida?
According to eHealth data, the average national cost of family health insurance premiums in Florida 2017 was $393 with a $4,328 deductible. This cost is almost triple what the average premium cost 12 years ago in 2008.
The rising costs in the individual market may have some feeling that cheap health insurance in Florida is unattainable. Fortunately for you, affordable health insurance is still possible.
Short-term Health Insurance Plans are One Option for Cheap Family Health Insurance in Florida
Based on the 2018 eHealth survey, average individual short-term health insurance premiums in Florida are $115 a month, with a $4,945 deductible. For family options, these numbers are $285 and $9,371.
With monthly premiums that cost about a third of what major medical plans on the individual market cost, this option to more traditional health insurance is a great way to find affordable health insurance in Florida. Some people may need the essential coverage in case of an emergency, such as a severe injury or illness. If you are in this category of coverage, then a short-term plan may be a great way to get cheap health insurance in Florida.
The 2018 eHealth report on short term health insurance shed light upon some key insights concerning short term plans:
- 50% of customers who bought a short-term plan said they would not have coverage without the choice of short-term health insurance.
- Regardless of the 90-day coverage limit on short term health insurance plans, the demand for these plans increased by 10% between 2016 and 2017.
- When eHealth pooled together applications for crucial medical and short-term plans, 57% of the applications were for short term health insurance.
If you believe that short term coverage is your answer to cheap health insurance in Florida, read on short term health insurance in Florida to understand how this coverage works. Although short term health insurance does not cover all the benefits of main medical plans, it does provide quick, useful coverage that makes sense for some people.
Other Affordable Choices to Major Medical Coverage from the Individual Market
There are plenty of affordable health insurance products available for people to buy. Although they might not cover as many health-care requirements as more expensive major medical plans, they are affordable and allow those with limited budgets to have coverage in case of emergencies.
Not only is it essential to get some cheap family health insurance in Florida for health reasons, but having some form of health insurance plan can also protect you from accruing large medical bills in the case of hospitalization, or unexpected medical issues.
Some health insurance options that could serve as affordable health insurance in Florida include:
- Short-term health insurance
- Catastrophic coverage
- Packaged medical insurance
- Medical cost-sharing
Traditional, Affordable Health Insurance in Florida
Always bear in mind that you can also utilize eHealth as a resource for shopping for the best family health insurance in Florida. If you require coverage that offers essential benefits, you can search for affordable plans in your area utilizing eHealth’s tools.
Remember that when looking at prices on individual plans, the premiums and deductibles may be higher than short-term plans, but they provide a lot more benefits. Utilize eHealth to compare plan prices and benefits to find a cheap family health insurance Florida.
We offer affordable health insurance choices for all different price points. Whether short-term health insurance is in your budget or a major medical plan with extensive benefits—we can show you your choices.
Every plan has its terms and limitations, so ensure you check the official plan documents to understand how that specific plan works. This article is meant for general education.
Resources and References: