With questions still swirling about how President Donald Trump's signature "One Big Beautiful Bill Act" will impact health care, a new report by WalletHub is putting a microscope on how much Floridians spend.
Floridians pay this much for health care
In its "States Where People Spend the Most & Least on Health Care" study, Florida ranked 18th for states spending the most.
Below is a snapshot of the average expense Floridians incur:
- Average Health Insurance Premiums: $513
- Average Health Insurance Premiums as % of Median Monthly Household Income: 8.58%
For money saving tips, experts say some coverage is better than none. In the event of a medical emergency, not having it could backfire. They also advise taking out a high-deductible health care insurance plan if you are healthy because they tend to have lower monthly premiums.
See full study here.
