Posted on

Types of health insurance plans offered in Florida

According to the rankings provided by the United Health Foundation in 2009, Florida was rated 36th of the 50 states in the US. Being a large state, it is obvious that there are huge opportunities for increasing the impact of health insurance.

The main motive behind providing health insurance is to provide financial security during the event of illness or injury. By available health insurance policies through government-sponsored program or buying it from private insurers, consumers in Florida can enjoy financial freedom when they avail healthcare services for various needs.

Types of health insurance plans offered in Florida

Apart from State and Federal governments’ sponsored program including Medicare, Medicaid, etc., there is an option of buying health insurance from private companies. Like many other states, health insurance plans in Florida are offered to the residents in traditional format. These could be classified as:

1.    Individual health insurance
2.    Family health insurance
3.    Group health insurance
4.    Student health insurance
5.    Dental health insurance
6.    Low cost health insurance
7.    Low-income families health insurance
8.    Short-term health insurance
9.    Small business health insurance

Companies offering health insurance in Florida

Below is the list of health insurance companies offering health insurance to the residents of Florida:

•    Aetna
•    AMS
•    Assurant
•    Avalon Healthcare
•    AvMed Health Plans
•    Blue Cross and Blue Shield
•    Celtic
•    Cigna
•    Coventry
•    Golden Rule
•    Humana One
•    IAC
•    Solera Dental
•    Vista

Impact of the Affordable Care Act on health insurance in Florida

•    Tax credit will be offered to small business. Around 290,000 small businesses in Florida will be offered tax credits for offering health insurance to their employees.

•    Medicare beneficiaries will be offered help to defray costs. Around 271,000 Medicare beneficiaries in Florida will be automatically mailed a check of $250 to defray the cost of their prescription drugs.

•    Early retirees in Florida to be helped. 280,000 early retirees will be offered reinsurance options.

•    Uninsured Floridians with pre-existing condition will have a huge boost with $351 million federal dollars made available to Florida starting July 1 to provide coverage.

•    8.8 million Floridians will no longer have to worry about lifetime limits on the coverage.

•    Around 1.1 million individuals will not have to worry about getting dropped from coverage when they get sick.

•    Children in Florida will be able to stay with their family health insurance policy till the age of 26 years.