Family coverage is one of the biggest monthly bills many Florida households pay. The good news: there are more ways to lower it than most families realize, and they don't all involve a bigger deductible.
1. Compare the whole year, not the premium
Families use care. A plan with a slightly higher premium but lower copays can cost less once well visits, urgent care and prescriptions are added up.
2. Check Florida KidCare for the children
Florida KidCare offers coverage for children, with costs based on family income. In some households, covering the children through KidCare and the parents separately costs less than one family plan.
3. Look again at employer coverage
If one parent has an employer plan, compare adding the family to it against covering family members separately. Since 2023, family members may qualify for marketplace tax credits if the cost of family coverage through the employer is considered unaffordable under IRS rules, even when employee-only coverage is affordable.
4. Check marketplace tax credits
Credits depend on household income and size. Some families who assume they earn too much still qualify for help, so it's worth checking during open enrollment.
5. Consider a private PPO plan if your family is healthy
Medically underwritten private plans price your family's health profile. Healthy families who qualify and don't receive tax credits may pay significantly less, often with a PPO network. Confirm maternity coverage if you're planning a pregnancy.
6. Mix plans if it saves money
Different family members don't always need to be on the same plan. We price combinations to find the lowest total cost.
We compare all of these for your family, with your pediatrician and specialists checked first. See family health insurance or request a free quote.
Sources
General information only, not tax, legal or medical advice. Plan availability, benefits, networks and pricing vary by carrier, state, county and eligibility. Stratton Advisory Group is an independent agency and is not affiliated with any insurance carrier or government agency.