Need Florida Health Insurance Quotes?

Purchasing health insurance in Florida is an important matter and as such, it deserves significant thought and consideration. Several factors may affect your decision regarding the type and amount of health insurance that you choose to purchase. Regulations regarding health insurance vary from one state to the next. Be sure to consider the following facts, when considering the purchase of Florida health insurance.

Health insurance in Florida costs consumers a lot of money. Like every other state, rising prescription drug costs, lawsuits, and hospitalization cost increases have driven up insurance premiums for group health providers as well as individual companies.

Group insurance offered by your employer is your best value. You have access to cheaper premiums by participating with a group. Your company may offer you a choice between a Preferred Provider plan (PPO) or a Health Maintenance Organization (HMO).

The State of Florida does not offer a risk pool insurance plan for people who cannot get coverage due to illness. Instead, they require all private insurance companies to offer two insurance proposals to otherwise uninsurable people.

If you have insurance coverage for three months and lose it, you may be eligible to buy a conversion policy from your old group insurance company. Florida law provides that people in this situation can purchase an individual policy from the same company that provided benefits to their employer. COBRA benefits or the similar state continuance coverage must be exhausted before you are eligible for your extension policy.

Small employers can participate in group health plans without being penalized for the health status of one group member. These policies are guaranteed issue policies.

Consumers seeking private insurance should read every word of the policies they are considering before the final signature is written. Florida does not force insurance companies to carry standard language or coverages. While a low premium may seem inviting, you may find conditions like pregnancy or surgery have limited payouts. Research on your own and ask agents a lot of questions before you choose a policy.

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