Planning for 2027 coverage and wondering what health insurance will cost in Florida? Here is what drives the price, what insurers have proposed for next year, and how subsidies change the number you actually pay.
Want a number for your situation? Try our free ACA subsidy calculator to estimate your 2027 premium tax credit in about 30 seconds.
There is no single price, because your premium depends on your age, county, plan tier, tobacco use, and income. What we can say for 2027 is that the sticker price is heading up: insurers in Florida have proposed an average individual-market increase of roughly 15%, with individual carriers ranging from under 4% to nearly 40%. These are preliminary requests and final approved rates may differ. The number that matters most is what you pay after your subsidy, not the sticker price.
Carriers cite rising medical and prescription costs, higher use of care, and the expiration of the enhanced federal subsidies at the end of 2025, which changed who enrolls and pushed some healthier members out of the pool. Some carriers are also leaving marketplaces, which reduces competition. Read more in our guide to insurers leaving the marketplace.
If your household income is between 100% and 400% of the federal poverty level, a premium tax credit lowers your monthly cost. The credit is built so that the benchmark plan, the second-lowest-cost Silver plan in your area, costs you a set percentage of income. For 2027 that share runs from 2.15% of income at the bottom to 10.22% near the top. Because the credit is tied to the benchmark price, a premium increase is largely absorbed by the credit if you qualify.
The flip side is the cliff. Above 400% of the poverty level, about $63,840 for one person, there is no credit and you pay the full, higher price. Our subsidy cliff guide covers what to do if you are close to the line.
Want a number for your situation? Try our free ACA subsidy calculator to estimate your 2027 premium tax credit in about 30 seconds.
People with income just above the 400% line, older adults who are not subsidized, and self-employed people who guess their income badly. If you work for yourself, see our Florida self-employed guide and the premium deduction guide, since the deduction softens the net cost.
It depends on your age, county, plan tier, and income. Insurers have proposed an average individual-market increase of roughly 15% for 2027, though these rates are preliminary. After a subsidy, many households pay a set percentage of income, from about 2.15% to 10.22% for the benchmark plan.
Proposed rates point to an increase. Florida insurers have filed individual-market increases averaging roughly 15%, ranging from under 4% to nearly 40% depending on the carrier. Final approved rates may differ.
There is no flat figure, since price varies by age, county, and plan. A broker can show exact prices in your ZIP code, and our subsidy calculator estimates what you would pay after a tax credit.
If you qualify for a premium tax credit, the credit rises with the benchmark plan price, so much of an increase is absorbed. Households above 400% of the federal poverty level receive no credit and pay the full increase.
Open enrollment runs November 1, 2026 through January 15, 2027. Enroll by December 15 for coverage starting January 1.
We compare every plan in your ZIP code and show your cost after subsidy, free.
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