Cheapest (and Best) Health Insurance in Orlando, FL (2024)


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The cost of a policy largely depends on your location and factors like age, plan type, number of people on your plan and your health care needs. MoneyGeek gathered marketplace data and analyzed various insurers to find the cheapest health insurance companies in Orlando, Florida. After evaluating monthly costs, MOOP expenses, plan options, and claims denial rates, we also found the best insurance providers.

Shop around for the best health insurance plan, as not every company offers all plan types or metal tiers. If you don't have many options, opt for the plan or tier that's the most suitable for you.

MoneyGeek Logo IconBestHealth InsuranceIn Orlando
2024

Best Health Insurance in Orlando (2023)

Why Trust MoneyGeek? We downloaded plan data directly from the Centers for Medicare & Medicaid Services (CMS).

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Plan data was updated with the CMS exchange data released in October for the 2023 enrollment period.

8Companies Compared
 
209Quotes Analyzed

Best Overall Health Insurance in Orlando

MoneyGeek analyzed various insurance providers in Orlando to find ones offering the ideal combination of cost, plan options and customer service.

We found that Ambetter is the best health insurance company overall, charging an average of $507 per month with an average MOOP of $4,401. Oscar is the runner-up, with an average cost of $523 monthly and a $5,070 MOOP.

Don’t choose your insurer based on cost alone. Looking at plan options, cost-sharing choices and customer service is essential. Whether you live in Orlando or elsewhere in the state, you can find the best health insurance in Florida by assessing these factors.

Ambetter

Ambetter

pros

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Charges the cheapest premiums compared to other providers

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Has the lowest average MOOP costs among other insurers

cons

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It does not provide many types of plans

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Has a worse-than-average claims denial score

COMPANY HIGHLIGHTS

Ambetter is the best health insurance company in Orlando because it charges the lowest rates at an average cost of $507 per month. The insurer’s average MOOP cost is $4,401, the lowest among its competitors. However, the actual costs may change as these are just averages. Also, the company has a worse-than-average claims denial rate, which means it rejects more claims than other insurers.

Ambetter offers its policyholders various health and wellness benefits, including a maternity health program, health management programs for chronic conditions, a 24/7 nurse advice line, care management services and access to telehealth services.

It also has a rewards program called My Health Pays that enables policyholders to earn reward points by engaging in healthy activities. The points can help cover the cost of various health expenses.

Oscar

Oscar

pros

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Has a better-than-average claims denial rate

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Has the fourth-cheapest monthly premiums

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Offers EPO plans, which are generally less pricey and offer flexibility

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Has a high MOOP cost compared to other insurers

COMPANY HIGHLIGHTS

The average cost of an Oscar health plan is $523, one of the lowest among insurers included in this analysis. But the company’s average MOOP cost is $5,070, higher than Ambetter’s $4,401.

Oscar’s low claims denial rate indicates the company is highly likely to approve a claim. The insurance provider offers $3 prescriptions for as many as 88 common health conditions. However, specific terms apply.

Policyholders can access 24/7 virtual or primary care through the Oscar mobile app for free. The company’s primary care team includes a nurse, medical coordinator and provider.

Best Cheap Health Insurance in Orlando

The cheapest health insurance company in Orlando is Ambetter, charging a monthly average of $507 with a $4,401 MOOP cost.

The average cost of health insurance varies based on how you split health expenses with your insurance provider. It also differs based on your location, so another insurer might offer the cheapest health insurance in Florida.

The best insurer might not be the most affordable. But if affordability matters to you, you should look at the marketplace metal system and how premiums and MOOPs affect the overall pricing.

Understanding deductibles, copays and co-insurance is essential when looking for low-cost health insurance.

Ambetter

Ambetter

pros

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Has the lowest average MOOP cost compared to other insurers

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Charges the most affordable premium in the city

cons

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High claims denial rate

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Provides plans with little flexibility

COMPANY HIGHLIGHTS

Ambetter is the most affordable health insurance company in Orlando, with policies costing a monthly average of $507 and a $4,401 MOOP cost. However, your actual plan costs may differ based on various factors. This company has a high claims denial rate, which is something to note.

Opting for Ambetter means getting affordable dental and vision insurance, a pharmacy program, telehealth service, maternity program, care management service, health management programs and a 24/7 nurse advice line.

The company’s telehealth services give you 24/7 access to doctors for non-emergency health issues. There’s no copay if you opt for in-network health insurance providers. Its maternity health program provides essential care during pregnancy and into infancy.

Cheapest Provider by Metal Tier

Ambetter offers the most affordable Silver plan, with an average cost of $507 per month. The cheapest policy might not always be the best, but if cost is your main concern, you can find great value with a Silver plan.

The marketplace health plans are divided into metal tiers: Catastrophic, Bronze, Silver, Gold and Platinum. Catastrophic plans are the cheapest but offer little coverage and are only available to those under 30. Generally, policies with lower premiums have higher MOOPs and only cover major health events.

The table below lists the most affordable providers by plan type and cost. We didn’t include Catastrophic plans as they are only available to those under 30.

Data filtered by:Results filtered by:
Age:
Age:40
OscarBronze$368
AetnaExpanded Bronze$407
AmbetterGold$504
AmbetterSilver$507
AvMedPlatinum$967
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WHICH METAL TIER IS RIGHT FOR ME?

The best metal tier for you will depend on your health needs.

  • Catastrophic: The most suitable option if you only want coverage for emergency care.
  • Bronze: Provides more coverage than a Catastrophic plan. You can opt for it if you’re in good health.
  • Silver: Offers a balance between services and cost. It’s a good option if you have a moderate income.
  • Gold: Best suited for individuals who frequently require care.
  • Platinum: The ideal plan if you need frequent and extensive care as it will help you reach the MOOP cost sooner and make the plan cheaper in the long run.

Cheapest Plan by Metal Tier

The CMS Standard Silver VALUE from Ambetter is the most affordable Silver plan, costing an average of $489 monthly.

The table below shows the cheapest providers in Orlando by metal tier and costs. We omitted Catastrophic plans, as they only serve people 30 or younger.

Compare Health Insurance Rates

Ensure you're getting the best rate for your health insurance. Compare quotes from the top insurance companies.

Data filtered by:Results filtered by:
Age:
Age:40
BronzeOscarBronze Simple- Standard$368
Expanded BronzeAmbetterCMS Standard Expanded Bronze VALUE$386
GoldAmbetterCMS Standard Gold VALUE$458
SilverAmbetterCMS Standard Silver VALUE$489
PlatinumBlue Cross Blue ShieldBlueSelect Platinum 1451 ($0 Virtual Visits / Rewards $$$)$848

How Age Affects Health Insurance in Orlando

Your age affects your health insurance costs, regardless of where you live. Your health care needs increase as you age, so insurers charge more. A Bronze or Expanded Bronze plan will always be the cheapest option. Catastrophic plans are also the most affordable but come with various requirements. Review the provider network to avoid paying out-of-network costs when choosing these plans. We outlined the cheapest Silver plan providers in the chart below.

Cheapest Health Insurance in Orlando by Age
Data filtered by:Results filtered by:
Metal Level:
Metal Level:Silver
18Ambetter$362$4,401
26Ambetter$406$4,401
40Ambetter$507$4,401
50Ambetter$708$4,401
60Ambetter$1,077$4,401

The metal tier you choose and your age significantly affect your health insurance costs. The following graph shows plan costs by metal tier and age.

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MEDICAID AND MEDICARE

One of the most affordable ways to get health insurance coverage is through government-sponsored programs like Medicare or Medicaid — but both have strict eligibility requirements.

You can generally get Medicaid if you have a low income, but you must be 65 or older for a Medicare Advantage plan in Florida or a Medicare Supplement plan in Florida. There are additional requirements to qualify for a Medicare Advantage plan.

How to Find the Best Cheap Health Insurance in Orlando

Consider various factors when looking for the most suitable health plan in Orlando. Follow these steps to find the best health insurance.

  1. 1
    Know Where to Look

    Know where to look if you want the best health insurance for your needs. For instance, the best way to get health insurance as an 18-year-old is through a parent, while getting coverage through an employer can be an option for a 26-year-old looking for health insurance. You can also get coverage through the insurance marketplace or the government.

  2. 2
    Budget Based on Your Health Care Needs

    Analyze how much coverage you need based on your health status. Try to find the ideal balance between cost and coverage. If you opt for a policy with a lower cost, you will get fewer benefits. However, an expensive policy will increase your overall cost but offer more coverage and flexibility, as you will meet your deductible and MOOP costs faster.

  3. 3
    Check for Premium Tax Credits

    Check whether you qualify for a premium tax credit to lower your insurance cost. Individuals whose income falls at least 100% of the federal poverty level may be eligible for this credit to lower the cost of their monthly premium.

  4. 4
    Check Government Program Eligibility

    You can benefit from government-sponsored programs like Medicare or Medicaid to get the most affordable health insurance. These programs offer the best health insurance for unemployed individuals. However, you must meet the eligibility requirements.

  5. 5
    Choose Your Plan

    You can purchase a health plan from the cheapest insurer once you have analyzed your needs and explored available options.

Health Insurance Subsidies and Income-Based Assistance

If you have a low income, you can get various health insurance subsidies to reduce your insurance cost. In the past, these subsidies were generally given to individuals with income between 100% and 400% of the FPL. But due to the American Rescue Plan Act and the Inflation Reduction Act, you can get these subsidies even if your income is over 400% of the FPL.

If you don’t qualify for subsidies, you can opt for Medicaid or the Children’s Health Insurance Program (CHIP) if your income is between 100% and 150% of the FPL, based on your location. The primary difference between Medicare and Medicaid is that the latter does not have an age requirement.

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SHORT-TERM HEALTH INSURANCE

You can purchase a short-term health insurance plan in Florida to bridge the coverage gap until the open enrollment period or while you wait for a new job to start. However, these plans only provide some essential benefits and can reject those with pre-existing conditions. These plans come with lower premiums but higher because of higher copays/co-insurance. Tax credits and subsidies are also not available with these plans.

Frequently Asked Questions About Health Insurance in Orlando

MoneyGeek answered the following frequently asked questions to help you understand how to get health insurance in Orlando.

How do I get health insurance in Orlando?

What’s the best health insurance in Orlando?

What’s the cheapest health insurance in Orlando?

About Brenna Kelly


Brenna Kelly headshot

Brenna Kelly, the former Health Insurance Content Manager at MoneyGeek, is a licensed health insurance agent and real estate associate. She is qualified to provide expert insight and advice on medical insurance, disability, long-term care, critical illness, Medicare Supplements and Medicare Advantage Plans.

Kelly has a Bachelor of Science and a Master of Arts in Applied Sociology from the University of Central Florida. She uses her content production experience and health insurance expertise to deliver informative articles.


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