Florida Obamacare health insurance plans are both accessible and cost-effective, providing coverage for people of all income levels. Tax credits are also available to help reduce premium costs so you can find a plan that meets your budget needs.
With such a wide array of plans available to you, it’s essential that you compare costs between plans to find one that suits you. Take advantage of our free tool to do exactly this and see if any government subsidies might apply to you!
Short-term health insurance
Short-term health plans offer temporary insurance solutions to those unable to afford an ACA-compliant major medical plan or who simply require temporary coverage. They typically feature lower premiums than their counterparts while out-of-pocket costs may increase due to higher deductibles and copayments.
Short-term health insurance plans provide affordable protection when between jobs, in a financial crisis or facing unemployment. They’re ideal if your coverage gaps fall outside your traditional coverage areas – many even enable you to add your spouse and family as additional beneficiaries if necessary.
Short-term health plans typically feature cost-sharing arrangements such as deductibles, copayments and coinsurance payments. They may also impose limits or caps on what coverage they provide and may fail to satisfy ACA minimum essential coverage requirements.
ACA-compliant health insurance
The Affordable Care Act (ACA) introduced various health insurance reforms, such as subsidies and tax credits to help low-income individuals buy coverage. Employers also were required to offer minimum essential coverage or risk being fined.
This law also increased Medicaid coverage for low-income individuals and allowed young adults to remain on their parents’ plans until age 26. Furthermore, consumer protections such as prohibiting lifetime monetary caps on coverage and banning insurers from excluding or cancelling policies due to preexisting conditions were introduced through this act.
However, there are other types of health coverage which don’t comply with the Affordable Care Act – for instance short-term medical insurance and fixed indemnity plans are typically robust when it comes to benefits and protections.
Medicaid
Medicaid is a federal-state partnership program that offers health coverage for people living on low incomes. This comprehensive health care system offers benefits to pregnant women, children, adults and people with disabilities alike.
The federal government reimburses state Medicaid spending with an amount that varies by state based on relative wealth compared to national average.
Health Plans offer comprehensive care that provides for medical and preventive services as well as long-term care services to help manage chronic illness or disability. Furthermore, they can assist in covering prescription costs as well as provide care coordination services.
Research indicates that Medicaid is effective at improving access to care, supporting financial stability in low-income families, and improving health outcomes – especially among children, with improved school performance, reduced hospital visits, and decreased emergency room and hospitalization costs being seen results of using it.
Florida Blue
Florida Blue offers health insurance plans designed for people without employer-sponsored coverage or who enroll in public programs such as Medicaid and CHIP. Medicare Advantage plans and HMO-D-SNPs from Florida Blue are excellent choices for anyone who desires an enjoyable experience and extensive network of providers.
Florida Blue’s HMO-D-SNP plans have received four stars out of five from the Centers for Medicare & Medicaid Services for their coverage of Medicare customers, who report great satisfaction with Florida Blue’s HMO-D-SNP plans.
Cost Savings: Members pay low or $0 copays for primary doctor visits and have access to an expansive provider network. In addition, they can get assistance understanding their benefits with Care Consultants.
Women’s Preventive Care Under the Affordable Care Act: Adolescent contraceptives are covered without cost sharing; members should make an informed decision based on their individual health needs to select an ideal plan that meets them.
Beginning June 1st, the Better You Strides Wellness Reward Program for Commercial Membership will expand to offer financial rewards of up to $300 in 2020 for health care costs incurred as a result of participating in its program. Eligible members will earn this reward.
