How much is the average health insurance in Florida?
Asked by: Candida Ullrich | Last update: October 12, 2025Score: 4.1/5 (30 votes)
How much is health insurance in Florida per month?
The average cost of health insurance in Florida is $393 per month, or $4,716 per year. However, this is just the average cost. Your actual premium will depend on several factors, including your age, gender, location, and whether you smoke.
Is $200 a month expensive for health insurance?
On average, in the United States, health insurance premiums for an Affordable Care Act (ACA) plan without subsidies are around $477 per month2. For a Silver plan, the average cost is about $621 per month. So, $200 a month is actually quite reasonable compared to these averages.
What is the average insurance cost per month in Florida?
In Florida, full coverage car insurance costs an average of $348 per month, while minimum coverage is $95 per month. Full coverage car insurance in Florida costs 58 percent more than the average cost of car insurance nationwide.
Is $200 a month good for insurance?
Is $200 a lot for car insurance? Paying $200 per month is a little higher than average for car insurance. Nine states have average rates for full coverage that are higher than $200 per month, and no state has average rates that high for minimum coverage.
How Much Is Health Insurance Florida? - InsuranceGuide360.com
Why is insurance so expensive in Florida?
Florida operates under a no-fault insurance system, meaning that each driver's insurance company is responsible for paying their own medical bills and damages after an accident, regardless of who was at fault. This can lead to higher insurance rates as insurers take on more risk.
How much insurance should I pay per month?
Car insurance on average is $79.83 per month in low-cost states, $105.36 per month in medium-cost states, and $157.27 per month in high-cost states. Note that it's often cheaper to pay for your policy in full rather than monthly.
How much insurance is required in Florida?
According to Florida law, if you own a motor vehicle with four or more wheels you must carry $10,000 of personal injury protection (PIP) insurance and a minimum of $10,000 of property damage liability insurance.
What is a reasonable amount to spend on health insurance?
For individual health insurance, costs vary based on coverage level. The 2024 average benchmark premium is $477, with ACA marketplace plans showing varying deductibles and monthly premiums. Bronze Plans: $364 monthly premium with a $7,258 deductible.
What is the best healthcare insurance?
Investopedia's analysis ranks Kaiser Permanente as the best health insurance company for 2025 because of its blend of affordability and low customer complaints. UnitedHealthcare and Aetna also earned top marks. We evaluated nine insurers using dozens of criteria, such as customer satisfaction, plan types, and costs.
What is the most accepted health insurance in Florida?
Frank Vasquez. The most accepted health insurance in Florida is Blue Cross Blue Shield (Florida Blue) and Cigna. These insurance carriers are accepted almost everywhere in the Sunshine State. This makes them some of the best health insurance plans in Florida.
Why is Florida health insurance so expensive?
The population is expected to grow by nearly 300,000 annually over the next five years. One of the critical challenges in Florida's health insurance sector is the high cost of premiums. The state's insurance market is dominated by a few major insurers, which limits competition and keeps prices high.
How much does the average American pay for health insurance?
The average annual health insurance premiums in 2024 are $8,951 for single coverage and $25,572 for family coverage. The average single coverage premium increased 6% in 2024 while the average family premium increased 7%. The average family premium has increased 24% since 2019 and 52% since 2014.
How much should you budget monthly to cover your insurance?
“Setting aside a minimum of 5% of your net income for fixed and variable healthcare costs is a smart plan.
How much is insurance in Florida per month?
According to NerdWallet's January 2025 analysis, the average cost of car insurance in Florida is $3,992 per year for full coverage, or $333 per month, for a 35-year-old driver with good credit and a clean driving history. Meanwhile, the average cost of a minimum coverage policy is $953 per year, or about $79 per month.
Do most people in Florida have insurance?
By the numbers: About 2.3 million Floridians under 65 lack health insurance. Glades County leads Florida in uninsured residents, with nearly a quarter of its population without health insurance. Manatee, Polk and Hernando counties have the highest percentage of uninsured residents in Tampa Bay.
Why is Florida becoming more expensive?
According to CNBC, Florida is ranked as the ninth most expensive state to live in for 2024. While several factors contribute to the state's high cost of living, two big reasons are increased home prices and home insurance costs.
Who is not eligible for Obamacare?
Must live in the United States. Must be a U.S. citizen or national (or be lawfully present). Learn about eligible immigration statuses. Cannot be incarcerated in prison or jail.
Is Obamacare worth it?
Proponents of the health care legislation, frequently referred to as Obamacare, have called it a historic political achievement and landmark legislation that reformed the US health care system by lowering health care costs, making health care more affordable, and protecting consumers.