Best Health Insurance Companies in Florida for 2023

Blue Cross Blue Shield won the top spot for the best overall health insurance company in Florida thanks to its comprehensive plans, satisfied customers, and low premiums (on some plans). It offers plans in each metal level and has the lowest premiums we saw of all providers on its bronze and silver plans, which is great if you don’t expect to use your policy for more than preventive care. On the flipside, those same plans have some of the largest deductibles. 

However, if you’re looking for gold-level coverage, BCBS gold plans really shine. Premiums are reasonable, while deductibles are low. Considering both premiums and deductibles, these gold plans are a better value than similar plans from all other major insurers in Florida. 

Oscar Health Insurance provides a good balance of coverage and affordability. You can choose from a wide range of plan types (HMOs, PPOs, and EPOs) and a large selection of health management programs, like ones for managing asthma, depression, diabetes, or pain. Most Oscar health plans also include coverage for child dental care. 

At the same time, Oscar’s costs are competitive. We found that it has the cheapest plans across all age groups (25, 35, 45, and 60), and that it offers the cheapest silver plans of all providers we reviewed. Oscar can provide good coverage at an affordable price, but note that its Florida plans aren’t yet rated by the NCQA or Healthcare.gov. 

Aetna's affiliation with CVS MinuteClinic makes it really stand out. If you need a prescription, for example, for a minor illness or injury, MinuteClinic can be an attractive alternative to urgent care (depending on the type of plan you get). Plus, you can often be seen the same day at a local clinic, but without the expense or wait of urgent care. Plus, 100% of plan premiums are eligible to be reduced by the premium tax credit.

However, the company has mixed results when it comes to customer satisfaction. It ranks third in the state for customer satisfaction (above the state average) in the 2022 J.D. Power U.S. Commercial Member Health Plan Study. But the NCQA gives its commercial health plans in the state 3.0 stars.

Molina Healthcare stands out when it comes to low-cost bronze plans. Both premiums and deductibles are the lowest offered by any of the largest providers in Florida. Further, the company also has the lowest deductibles on bronze and silver plans. 

But Molina’s plan offerings are more sparse than other providers—plans are strictly HMOs, dental coverage is not available, and we struggled to find any Molina Florida plans that offer programs to manage conditions like diabetes, asthma, high cholesterol, or pain. Many other insurers offer at least some of these programs, and Oscar offers many. Plus, healthcare.gov gave Molina’s Florida plans only 2 stars.