How to Find Affordable Health Insurance in Florida with Low Income

By: Astoria
Updated: September 27, 2022
affordable health insurance in florida

Shopping for affordable health insurance in Florida can seem almost impossible when a person has a low income. It is true if the person lives in a state like Florida since premiums cost more. But there are options, and we’ve put together a list of most affordable health insurance in Florida so that one can save money on health insurance.


Important things to know about the health insurance policy in Florida

Here is some essential factor you should keep in mind once you are specific about your health insurance plan to analyze in detail; let’s dive in –


Plans From the Marketplace

If your work doesn’t provide health insurance in Florida and your employer’s coverage doesn’t fit your needs, you can purchase a plan from the marketplace.


Open Enrollment

 In Florida, the open enrollment period runs from 1st November 2021, through 15th January 2022, for health insurance coverage that will begin in 2022. If open enrollment is missed, you cannot purchase a marketplace plan until the following year unless you qualify for a unique enrollment window.


Special Enrollment

You can enroll in affordable health insurance outside of the open enrollment period during a particular enrollment period.

Suppose you experienced a qualifying life event that resulted in your loss of coverage, such as relocating to a different zip code, leaving your job, getting married, or having a child. In that case, you might be eligible for special enrollment.

After the event, you have 60 days to choose a new plan.


Health Insurance Exchange

The federal Health Insurance Marketplace is used in Florida. It is better to use the exchange to buy a plan if you want to be qualified for a tax credit for advanced premiums to help defray your costs.


Credit for Premium Tax

If a premium tax credit is unavailable to you, you can buy coverage straight from one of the cheap health insurance in Florida.

If you don’t qualify for or don’t want to use the Advanced Premium Tax Credit, you can buy insurance directly from one of Florida’s cheap health insurance providers.


Types of Coverage

A little over forty percent of Floridians have employer-sponsored health insurance. 17.4 percent of people also have Medicaid in Florida, eighteen percent have Medicare, and 9.5 percent have non-group health coverage. A little more than thirteen percent of Floridians lack health insurance.

Get An Idea About the Health Insurance Marketplace

The Healthcare Marketplace was created with the passing of the Affordable Care Act (ACA). State-level and federal-level divisions are separate and different. Almost Thirty-seven states participate in the federal exchange, while fourteen only participate in the state exchange.

Be prepared to conduct local research to find reasonably priced plans in your area since not all insurance providers are necessary to give the Healthcare Marketplace information about their projects and prices.

There is another name for healthcare insurance which is known as the healthcare marketplace. It is a website operated by the government of the United States. If you are in Florida, you can easily find your desired information sitting at home by inserting all the information on that website.

Get to know about EPO health insurance plans before anything because this is from where you can get most of the benefit.

Requirements to Get An Affordable Health Insurance in Florida

During the Open Enrollment Period, three which last from 1st November to 15th December, Florida Affordable Care Act plan holders who reside in the state can do so.

However, there is considerable freedom in the conditions under which you can enroll.

If mentioning these things matches you, then you are well qualified to buy an affordable health care insurance plan in Florida.

  • Getting wed or getting a divorce
  • Adopting a child or having a child
  • Loss of health insurance
  • Relocation
  • Acquiring US citizenship


Which is an affordable health insurance plan in Florida

For middle-class families or low-income people in Florida, it’s tough to pay a massive portion for their insurance policy because Florida’s population lives below the poverty line all the time.

People always look for the cheap health insurance in Florida or most affordable health coverage plans.

There is a cheap health care insurance plan in Florida for families and individuals, known as “Obamacare” this could be the best option for you if you are looking for an average-cost health coverage plan as per your budget.

Though health care plans are a big deal in Florida, if you are 65 years old or more than that or if you are physically challenged, then Medicaid coverage will be the best option. It’s considered the most affordable health insurance in Florida.

Another way is if you go for the government subsidization, it probably helps lower your cost. In Florida, Medicaid and the Children’s Health Insurance Program (CHIP) is a government program you can get free or at a cheap rate.

Short-Term Health Insurance in Florida

The 2018 survey found that the typical monthly premium for individual short-term health insurance in Florida is 115 dollars, with a 4,945 deductible. These figures for family plans are 285 dollars and 9,371 dollars.

This is a beautiful conventional method to obtain affordable health insurance in Florida, with monthly premiums that cost roughly a third of what significant medical policies on the individual market cost.

Some people might only want the essential coverage in an emergency, such as a significant illness or injury.

If you fit this description of the requirement for coverage, a short-term plan can be a fantastic solution to finding cheap health insurance in Florida.

In 2018 survey report on temporary health insurance, they revealed little significant news about short-term coverage.

Customers who acquired short-term health insurance claimed that 50% of them would not have coverage without the choice.

The demand for short-term medical insurance plans surged 10 percent between 2016 and 2017, despite the 90-day coverage cap.

When applications for major medical and short-term plans were combined, we found that 57 percent of the applications were for Temporary health insurance.

Short-term health insurance offers rapid, practical protection that makes sense for some people, even though it does not cover all the facilities of big medical policies.

Health Coverage for Various Professions Individual

Regardless of your occupation or place of residence, a health plan is available. But today, we are only discussing if you are from Florida and what if you are a –

  • You’re Unemployed
  • You’re a Retiree
  • You’re a Student
  • You’re Self-employed
  • You Have a Little Excess in Your Income
  • You’re Part of a Small Business

If you’re unemployed

For those who meet the standards, the State of Florida also manages its unemployment insurance program. Within the established federal criteria, each state administers its program based on its particular data and demographics.

Individuals who meet the requirements and are out of work due to no fault of their own are given temporary wage replacement benefits through unemployment compensation, often known as unemployment insurance.

This is a beautiful alternative if you have the chance to sign up for a spouse’s health insurance plan. You might not be able to sign up right away because most insurance providers have deadlines for group coverage.

COBRA might be used up until the open enrollment date. But many insurance providers may make an exemption in situations like adoption, birth, or a spouse’s unemployment. Find out the policies and procedures by contacting your spouse’s insurance provider.

If you’re a retiree

This entails that Social Security benefits, pensions, IRA, 401k, and other retirement income are free from state taxes. Both inheritance and estate taxes are absent either.

If you’re a student

You’ll likely need health care coverage while attending college in Florida. You’ll need to do some research to see which plan offers the best value for your needs, though, if at all possible, staying on your parent’s plan might be the best choice.

If you don’t live in Florida, be careful to ask your current plan’s provider, if you have one, if there are any restrictions on your coverage while you’re enrolled in classes.

And make sure you get a waiver stating that your current plan is sufficient unless you purchase the college’s coverage.

Regardless of how you choose to get covered, once it is done, you can concentrate on your studies, knowing that you are ready for any unforeseen medical issues.

If you’re self-employed

Do you require Florida health insurance coverage since you are self-employed? For independent contractors, consultants, and business owners, there are excellent Florida health insurance options available today.

Because it allows you flexibility if your income is unpredictable, many people opt to take this path. Additionally, it enables you to alter your coverage as your income rises and to qualify for tax credits or subsidies if your income falls.

Additionally, self-employed health insurance allows you to explore your options without being forced to go with a pre-selected solution, allowing you to find the best strategy for your particular situation.

You can enroll in self-employed coverage if your income comes from a business with no additional employees whose income you disclose on a W2 form at the end of the year. There are numerous sources of financial support.


If you have a little excess in your income

You can still get the Medicaid program through the Health Insurance Marketplace if your income is too high to qualify for lower costs on a health plan. Create an account or sign in to an existing one to apply.

Other options for obtaining insurance include working with a private insurance provider, an internet insurance retailer, or a broker or agent.


If you’re part of a small business

There are tiny enterprises in addition to small businesses. Businesses with fewer employees may sometimes find it more challenging to provide workers coverage.

Transamerica Center for Health Studies claims that being too small was the primary justification given by firms for not providing health insurance.

Fortunately, we still offer excellent coverage alternatives that make it simpler for you to provide health care plans to your employees if your company has a small number of employees.

According to client data from 2018, even smaller businesses use our website to get small group health insurance.

This is probably due to the prohibitive costs of individual policies. Group health insurance policies typically cost less per person. This implies that your staff members will have access to affordable insurance.


affordable health insurance in florida

Health Insurance in Florida Enrollment and Application Process in Florida

One of the thirty states without a dedicated official website for health insurance in Florida. Go to Through this website, you can start the enrollment process but before that, make sure you create your user account. You can start all your enrollment procedures As soon as you are completed your account creation process.

The cheap Health Insurance in Florida Marketplace verifies your Medicaid eligibility and analyzes the data you supply to determine if you qualify for a tax credit for advanced premiums.

Before you begin the application process, ensure you have the real name, date of birth, and Social Security numbers of each everyone in your family who needs coverage. The following are some of the questions on the application that are related to your family and income:

  • Are you married or single?
  • How many dependents on your current return will you list as taxpayers?
  • What kind of income will your family have this year?
  • Do you want to find out if you can get financial aid for insurance?

After providing the necessary information, you can examine a list of the various plans, monthly premiums, yearly deductibles, and coinsurance requirements. A feature on also enables you to compare up to three plans side by side at once. You will be able to finish the enrolling procedure after choosing a plan.

What Are the Costs Involved in the Health Care Program?

Either your work or school will provide private health insurance, or you will need to get it on your own. The Health Insurance Marketplace under the ACA allows you to choose the plan that best meets your needs.

The Affordable Care Act assists people who cannot pay the high insurance premiums. The subsidy’s amount is decided by the person’s income.

 Some states, like Massachusetts, California, New York, Colorado, and others, operate their healthcare exchanges.

 Additionally, the health insurance field has a comprehensive dictionary and terminology.

 It is necessary to become familiar with a few key terms to comprehend the plan you are  purchasing:

  • Premium: Your plan’s monthly cost.
  • The sum that must be paid before your insurance will kick in starts to pay.
  • Coinsurance: The portion of expenditures that remain to be covered by you after your
  • Insurance begins to pay.
  • The amount you must copay each time you see a doctor.

What are High School’s Benefits and Drawbacks of Deductible Health Insurance Plans in Florida?

Compared to other plans, high deductible health plans are less expensive (lower monthly premiums). In general, this could result in lower overall health care costs for you, but you should be careful how you use your plan for your health and your wallet.

Regardless of your plan, the project covers preventative care (yearly physicals, well-baby examinations) at no cost to you.

You should become cost-conscious about your medical treatments if you have a high deductible plan.

Unless there is a true emergency, avoid going to the emergency room. Numerous walk-in emergency clinics can manage a wide range of medical issues. They will show you the direction of the emergency room if there is an emergency.

Set aside some funds for unforeseen medical expenses. If you anticipate needing a non-critical operation, put money aside for it.

Comparing prices among providers. Apps and other resources are available to aid with this comparison.

You can bargain the cost for some services; never hesitate to ask.

Ask your physician what services are required and how much they will cost. There are occasionally less expensive choices that the doctor does not consider.

Make a sensible plan selection. Specific plans on the market need a copay for several annual visits to a primary care physician. These will probably enable you to save money over time.

A high deductible health plan may help you save money on medical expenses.

A high deductible health plan can assist you to save money on medical expenses, but you must prepare for it and use it wisely.

Bottom Line

Compared to other states, Florida’s insurance rates are higher due to its employer not covering all the costs as much as other country employers. This is the main reason for paying more insurance rates than other states. Commonwealth Fund ensures this information on their survey report. Solving this problem requires an active policy and, at the same time, extending affordable health insurance coverage to all Americans.

Get a free affordable health insurance quote at NewHealthInsurance.


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