Make us your home page
Instagram

Florida Blue pledges statewide commitment to Affordable Care Act

Despite the uncertain fate of the Affordable Care Act, Florida Blue plans to offer individual health insurance plans in all 67 counties next year.
 [Florida Trend file photo]

Despite the uncertain fate of the Affordable Care Act, Florida Blue plans to offer individual health insurance plans in all 67 counties next year. [Florida Trend file photo]

Despite the uncertain fate of the Affordable Care Act, Florida Blue plans to offer individual health insurance plans in all 67 counties next year, the insurer told the Tampa Bay Times on Wednesday.

"It is consistent with our mission to help people in communities achieve better health," said the company's West Florida Region market president David Pizzo. "We don't stay only in certain counties that are profitable."

The non-profit Florida Blue was the only insurance carrier to offer marketplace plans in every county in 2017, according to the Kaiser Family Foundation. All told, the plans covered nearly 1 million people.

Florida Blue has yet to file its rates for 2018 with state insurance regulators; the deadline isn't until later this month. The company is assuming the federal government will continue funding the cost-sharing reduction subsidies that help lower out-of-pocket costs. Without the subsidies, Pizzo said, Florida Blue would likely have to increase its rates at least 20 percent.

About 1.8 million Floridians signed up for individual plans in 2017, according to the U.S. Centers for Medicare and Medicaid Services. The options have dwindled as some large insurers have scaled back their offerings or left the marketplace entirely.

Florida Blue has found the marketplace to be "profitable within the guidelines that the government gives us," Pizzo said, adding that the company kept an edge by not undercutting its competitors.

"As a Florida-based company, we made the decision early to be in all counties," he said. "And we stayed in 100 percent."

Contact Kathleen McGrory at kmcgrory@tampabay.com or (727) 893-8330. Follow @kmcgrory.

Florida Blue pledges statewide commitment to Affordable Care Act 06/14/17 [Last modified: Thursday, June 15, 2017 12:29pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. In advertising, marketing diversity needs a boost in Tampa Bay, nationally

    Business

    TAMPA — Trimeka Benjamin was focused on a career in broadcast journalism when she entered Bethune-Cookman University.

    From left, Swim Digital marketing owner Trimeka Benjamin discusses the broad lack of diversity in advertising and marketing with 22 Squared copywriter Luke Sokolewicz, University of Tampa advertising/PR professor Jennifer Whelihan, Rumbo creative director George Zwierko and Nancy Vaughn of the White Book Agency. The group recently met at The Bunker in Ybor City.
  2. Tampa Club president seeks assessment fee from members

    News

    TAMPA — The president of the Tampa Club said he asked members last month to pay an additional assessment fee to provide "additional revenue." However, Ron Licata said Friday that the downtown business group is not in a dire financial situation.

    Ron Licata, president of the Tampa Club in downtown Tampa. [Tampa Club]
  3. Under Republican health care bill, Florida must make up $7.5 billion

    Markets

    If a Senate bill called the Better Care Reconciliation Act of 2017 becomes law, Florida's government would need to make up about $7.5 billion to maintain its current health care system. The bill, which is one of the Republican Party's long-promised answers to the Affordable Care Act imposes a cap on funding per enrollee …

    Florida would need to cover $7.5 billion to keep its health care program under the Republican-proposed Better Care Reconciliation Act of 2017.  [Times file photo]
  4. Amid U.S. real estate buying binge by foreign investors, Florida remains first choice

    Real Estate

    Foreign investment in U.S. residential real estate recently skyrocketed to a new high with nearly half of all foreign sales happening in Florida, California and Texas.

    A National Association of Realtors annual survey found record volume and activity by foreign buyers of U.S. real estate. Florida had the highest foreign investment activity, followed by California and Texas. [National Association of Realtors]
  5. Trigaux: Tampa Bay health care leaders wary of getting too far ahead in disruptive times

    Business

    Are attempts to repeal Obamacare dead for the foreseeable future? Might the Affordable Care Act (ACA), now in dire limbo, be revived? Will Medicaid coverage for the most in need be gutted? Can Republicans now in charge of the White House, Senate and House ever agree to deliver a substitute health care plan that people …

    Natalia Ricabal of Lutz, 12 years old, joined other pediatric cancer patients in Washington in July to urge Congress to protect Medicaid coverage that helped patients like Ricabal fight cancer. She was diagnosed with Ewing's sarcoma in 2013 and has undergone extensive treatments at BayCare's St. Joseph's Children's Hospital in Tampa. [Courtesy of BayCare]