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

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 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.

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 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.

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.

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.

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.

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.

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