Health insurance prices in Florida vary, depending on the company and the type of coverage you select. Other factors that can affect prices for health insurance in FL include your family history and your current health.
Insurance companies in this state are regulated by the government, which sets limits on the amount that consumers can be charged for this important product.
This means that no matter where you purchase your FL health insurance coverage from it will be exactly the same price for the same plan no matter if you purchase the plan from an agent or from the insurance company directly. Compare instant Florida health insurance quotes by using the free tool on the top of this page now!
Family History & Insurance Pricing
You have no control over your family history, but your genes do have a bearing on your health. If you have close relatives who have been diagnosed with some forms of cancer or heart disease, for example, you are more likely to develop these disorders at some point during your life. When you apply for coverage, the insurance company or its agent will ask you a series of health questions to help the company’s underwriters determine your level of risk. Having relatives who lived long, healthy lives may mean that you can get coverage at a lower premium rate, but this is not the only factor that determines health insurance prices.
Your Current Health & Pricing
While you can’t change your family history, you do have some control over your own health. You can decide to do all that you can to get (and stay) healthy. For example, you can eat a balanced diet that includes a variety of foods, including whole grains, fruits and vegetables, and lean meats. Keeping your intake of sugar, salt, and fat to a reasonable level may make it easier for you to get to a healthy weight.
If you are currently overweight or obese, ask your independent insurance agent or a company representative if you would qualify for a better price on your premiums if you lose weight. The insurance company may need you to maintain a healthy weight for some time before you qualify for a better rate. You may need to provide proof of your new weight before the medical insurance company will consider re-evaluating your level of risk and premium levels.
Another way that you can stay healthy and qualify for better pricing is to quit smoking. If you need help to kick the habit, enlist the help of your doctor or pharmacist. They can recommend strategies or medications that can help you.
Your use of alcohol is something that your health insurance company is probably going to ask questions about. Not only does drinking alcohol to excess lead to health issues like cirrhosis of the liver, but it also means that you are at increased risk for getting injured in an accident. If your drinking is a problem for you, get help to deal with the addiction. Not only will you be healthier, but your health insurance premiums will be lower.
Type Of Policies & Rates
When you are looking for health insurance, the type of plan you sign up for will have a bearing on your rates. If you are part of a group health insurance plan, you may be paying more for your coverage even if you are in good health. Since the insurer agrees to accept all applicants, the company considers that not everyone will be at the same level of risk for coverage. You may be doing all the right things to stay healthy, but it stands to reason that not all of your colleagues are doing the same. In return for guaranteed acceptance, you pay a higher rate for your coverage.
If you are considering applying for private health insurance coverage, your rate will be determined by the type of plan you buy. When keeping costs down is a priority, you can consider signing up for a Health Maintenance Organization (HMO) plan. With this type of coverage, you trade off some flexibility in which health care provider you see for lower rates.
In an HMO you must designate a single doctor as your primary care physician. If you want to consult a specialist, you have to get a referral from your doctor first. Coverage under the plan is only offered if you see a doctor or get treatment at a hospital that is part of your plan’s provider network.
Another type of health insurance available to Florida residents is a Preferred Provider Organization (PPO) plan. Rates are higher than if you choose to go with an HMO, but you aren’t required to designate a primary care physician. You can make an appointment to see a specialist without a referral. You are still covered if you go outside of the plan’s provider network for care, but at a reduced level of coverage. In return for increased flexibility, you pay higher premium rates.
A Health Savings Account is another way to get health insurance coverage in Florida. This option combines a high-deductible health insurance plan with a tax-free savings account. Plan members can make deposits to the account. As long as the funds are withdrawn to pay for healthcare expenses, they are not subject to taxes. This is a good choice for people who are willing to cover their regular medical expenses themselves. A higher deductible means lower insurance premiums, and the plan members have the coverage they need for major medical expenses.
Compare Florida Health Insurance Prices
Now that you know more about the factors that affect health insurance prices in Florida, you can take the next step and compare rates. Use the number above to talk to independent agents who can offer answers and suggestions based on your needs. You can get started right now by clicking on the free insurance quote tool at the top of this page. Compare instant Florida health insurance prices now!