About the Health & Medical Insurance in Florida Market Research Report
What’s Included in the Health & Medical Insurance in Florida Market Research Report
Definition of the Health & Medical Insurance in Florida?
This industry underwrites (i.e. assumes the risks of and assigns premiums for) health and medical insurance policies. Insurance transfers the risk of a loss in exchange for payment. Companies also provide administrative services for self-funded insurance plans. Under this structure, the insurance company is a third-party administrator and isn't responsible for health benefit payments.
What’s included in the Health & Medical Insurance in Florida?
The Health & Medical Insurance in Florida includes preferred provider organization (ppo) plans, pharmacy benefit management (pbm), high-deductible health plans (hdhps), managed plans, health maintenance organization (hmo) plans, point-of-service (pos) plans and fee-for-service (ffs) plans. Related terms covered in the Health & Medical Insurance in Florida industry report includes a general term that refers to the organization of doctors, hospitals and other providers into groups to enhance the quality and cost-effectiveness of healthcare, a type of coverage where a health insurer is financially responsible for paying all incurred benefits and administration costs of healthcare services. in return, the company receives a premium, a type of coverage where an employer or organization assumes complete responsibility for healthcare benefit payments instead of a health insurer, a healthcare organization composed of physicians, hospitals or other providers that offer healthcare services at a reduced fee. payment is made when services are rendered, a healthcare organization composed of physicians, hospitals or other providers that offer healthcare services at a reduced fee. payment is made in advance, before services are rendered, an hmo/ppo hybrid, or open-ended hmo, where members can choose which option (hmo or ppo) they will use each time they seek healthcare, a health insurance plan that has a high-minimum deductible that does not cover the initial costs or all of the costs of medical expenses, a health plan with no preferred physician network that reimburses for medical expenses regardless of who provides the service. however, in some cases the reimbursement amount may be limited and the ratio of premiums used to pay medical claims and improve the quality of care.
Industry Performance of the Health & Medical Insurance industry in Florida
Benchmark the Health & Medical Insurance in Florida industry performance with all FL county and national performance.
Health & Medical Insurance in Florida
#6 in Highest Revenue 4.5% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Health & Medical Insurance in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Health & Medical Insurance industry in Florida
See how key industry drivers, such as population, median houshold income, per capita disposable income, total health expenditure, number of employees and median age of population are impacting Health & Medical Insurance in Florida
Florida Economic Indicators
Population
Median Houshold Income
Per Capita Disposable Income
View more economic information in FL State Economic profile
US Key External Drivers
Total health expenditure
Number of employees
Median age of population
For the full list of industry drivers, see report purchase options.
County Data of the Health & Medical Insurance industry in Florida
Access proprietary data on county in the Health & Medical Insurance in Florida, such as Duval County, Hillsborough County and Miami-Dade County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Health & Medical Insurance industry in Florida
Download 18 years of historical data and 5 years of projected performance.