Florida Medicare Plans
Florida is the fourth most populated state in the U.S. and sits only behind California in both percentage and total number of citizens aged 65 and over. According to the Kaiser Family Foundation, there were 3,527,830 total Florida Medicare beneficiaries in 2012, or 19% of the Florida population. With so many retired citizens living in the state, there are plenty of resources available to help beneficiaries make the most of their Florida Medicare coverage.
Some of the private insurance companies that offer Medicare plans in Florida include:
- Mutual of Omaha
Medicare Resources in Florida
Serving Health Insurance Needs of Elders (SHINE) - SHINE is a senior health needs program offered by the Florida Department of Elder Affairs. The program is free to all Florida Medicare beneficiaries and provides one-on-one answers to Medicare questions through specially trained counselors. Their mission is to empower Florida seniors and help them make informed health care choices. SHINE offers health-related community events in all Florida counties, as well as on-site counseling centers in each county.
Florida Department of Elder Affairs - With such a large population of elder and retired citizens in Florida, the Department of Elder Affairs is the primary state agency that administers programs aimed at benefiting this population segment. As part of their mission, they promote well being and help Florida Medicare beneficiaries stay in their homes and communities. The Department of Elder Affairs offers health-related programs, services, publications, and reports, as well as information about other helpful elder agencies within the state. A few examples of the programs offered by the Florida Department of Elder Affairs include:
- Community Care for the Elderly Program
- Health and Wellness Program
- Alzheimer's Disease Initiative
- Elder Helpline Information and Assistance service
Area Agency of Aging of Pasco-Pinellas, Inc. - The Area Agency of Aging of Pasco-Pinellas, Inc. (AAAPP) is a non-profit agency and acts as an Aging and Disability Resource Center for the Pasco and Pinellas county communities. The AAAPP can offer a variety of help to Florida Medicare beneficiaries, including prescription assistance, caregiver guides, and additional resources. Their services are provided through both paid staff and volunteers.
Medicare Insurance Trends in Florida
Here are some interesting trends regarding Medicare in Florida:
- Of the total Florida Medicare beneficiaries, 83.6% were aged and 13.4% were disabled.
- 16% of Florida Medicare beneficiaries were under the Federal Poverty Level.
- 55% of Florida Medicare beneficiaries were female, while 45% were male.
- The average annual Medicare spending rate was 8.6%.
- The average annual percent growth in Medicare spending per enrollee was 6.7%.
- There were a total of 643,872 dual eligible Florida Medicare plan beneficiaries.
- Of dual eligible beneficiaries, 293,517 were white, 164,332 were Hispanic/Latino, 126,200 were black, and 59,823 were other/unknown.
- 54.43% of Medicare Advantage Plan enrollees had a $0 premium, while 28.69% had premiums of $50 or more.
- 50% of Medicare Prescription Drug Plans had a $0 deductible.
- The average deductible for Medicare Prescription Drug Plans was $54.37.
Data provided by the Kaiser Family Foundation.