florida health insurance rates Archives

Health insurance rates may be going down in Florida

August 12, 2014August 9, 2014 Marc

Premiums could be lower than expected for some consumers beginning in 2015 Florida residents that purchase health insurance policies through the state’s exchange next year are likely to spend less in monthly premiums, according to an analysis from the White House. State officials had been warning that those purchasing individual coverage would be paying more for their policies in 2015, but this may not be the case for many of the state’s residents. While some may see higher rates due to purchasing better coverage or having to deal with the…

Health insurance information unclear in Florida

September 16, 2013September 14, 2013 S.Vagus

Florida health insurance rates are hard to understand Florida residents may have to wait some time before they can get clear information concerning the rates of health insurance plans that will be sold through the state’s exchange system. The exchange is scheduled to begin open enrollment on October 1, but information concerning the costs that consumers will face through the exchange has been difficult to decipher. Analysts from the Kaiser Family Foundation states this week that the state has yet to provide information that can be clearly understood, which could…

Health insurance rates could spike in Florida

August 2, 2013July 31, 2013 S.Vagus

Health insurance rates are set to rise, warns Florida commissioner Health insurance rates could see a dramatic rise in Florida, according to Insurance Commissioner Kevin McCarty. The commissioner claims that health insurance rates for small businesses and individuals will rise as a result of the Affordable Care Act. Rising rates are being linked to the formation of an insurance exchange within the state. Florida will not operate its own health insurance exchange, the presence of the exchange and the provisions of the Affordable Care Act could make coverage significantly more…

Health insurance rate review in Florida may soon be suspended

March 25, 2013March 24, 2013 Logan B.

Proposal aims to address concerns regarding health insurance rate review Worries are high throughout the U.S. concerning the possibility of rising health insurance rates due to the Affordable Care Act. Throughout the country, several large insurance companies have warned that rates will grow exponentially next year, as the federal health care law becomes fully implemented. In Florida, these ominous warnings are being taken to heart, and lawmakers are now looking to the federal government for more direction concerning how to mitigate the potential rise in health insurance rates. Lawmakers back…

Health insurance rates in Florida may be set by federal government

March 22, 2013March 21, 2013 G. Turner

A Senate Bill would hand this responsibility over to the feds, should it pass. A Senate health committee in Florida has recommended that the state suspend the authority of the Florida Office of Insurance Regulation to be able to set the health insurance rates for companies under the Affordable Care Act, in favor of giving that responsibility to the federal government. The goal is to allow those setting rates to be able to keep up with the constant updates to the regulations. Federal officials have been updating the rate setting…