11 health insurance companies are expected to offer health insurance plans in federally run Florida health insurance exchange, according to recent filings done at Florida Office of Insurance Regulation. Florida has opt to not establish a state-run health insurance exchange, so federal govt is going to manage the enrollment for Floridians. The federal exchange is going to open on Oct 1st of this year, which will allow Floridians to purchase health insurance plans.
The list of companies has not been released by the Florida Office of Insurance Regulation (OIR) nor the U.S. Department of Health and Human Services (HHS) which is mandated to run the federal exchange and it is also not clear whether all insurance companies will receive federal approval to offer health insurance plans in Florida.
Potential Companies Offering Plans In Federally Run Florida Health Insurance Exchange:
Greg Mellowe, from consumer advocacy group Florida CHAIN, was able to find the list by searching the OIR database. Following are the list of companies which have indicated interest in offering health insurance plans in Florida health insurance exchange:
Health Insurance Company
|1||Aetna Life Insurance Co.|
|2||Florida Blue (Blue Cross Blue Shield Of Florida)|
|3||Cigna Health & Life Insurance Co.|
|4||Coventry Health Care of Florida Inc.|
|5||Florida Health Care Plan Inc.|
|6||Health First Insurance Company|
|7||Health Options Inc.|
|9||Molina Healthcare of Florida Inc.|
|10||Preferred Medical Plan|
|11||Sunshine State Health Plan Inc.|
Application from these health insurance companies can be searched at OIR database at: https://apps8.fldfs.com/IFileExternalSearch
A copy of a letter found on the OIR search database from Aetna to Health and Human Services (HHS) indicates that the company wants to apply for Qualified Health Plan Certification for the federal exchange to sell health plans in Florida. Humana Inc, another large company confirmed its intention to sell health insurance plans on federally run Florida health insurance exchange for individuals.
Humana plans to offer a variety of health insurance plans under it 2 florida subsidiaries: Humana Medical Plan Inc. will offer 4 HMOs plans and Humana Health Insurance Co. of Florida Inc. will offer 5.
According to the filings, Coventry Health Care of Florida Inc, Florida Health Care Plan Inc, Health Options Inc, Molina Healthcare obaof Florida Inc, Simply Healthcare Plans Inc and Sunshine State Health Plan Inc will be selling HMO health plans. The others health plans would be likely PPOs (preferred provider plans).
Blue Cross & Blue Shield of Florida Inc., Florida Health Care Plan, and Health Options are affiliated with the state’s largest insurer, Florida Blue. Information on the plans like rates, co-pays,deductibles, premiums, etc. — is not available yet and most likely will be available after end of the summer.
Florida Health Insurance Exchange Rates are recently released and are expected to high. More details are available on the linked post.