GREG The Medicare Guy

A Florida insurer outlined plans to return savings to eligible policyholders through dividend payments and car insurance rate reductions tied to legal reforms.
Florida's legal reforms were designed to limit excessive litigation, including insurance claims, and changed both filing deadlines and rules governing attorney fees.
Reduced litigation lowered insurers' costs in Florida, and the insurer linked its planned policyholder savings directly to the state's legal and insurance reforms.
The insurer expected eligible Florida policyholders to receive a dividend; historically, members usually did not need to claim dividends because credits were applied automatically.
Florida drivers can periodically compare car insurance options and contact their insurer to ask about additional discounts that could help them save on coverage.

Florida Policyholders May Receive Insurance Refunds

In 2027, avg. premiums for private plans in a federal health program are projected to fall to ~$12, offering a lower monthly starting point.
For 2027, avg. in-network medical spending caps are projected to ↑~10%, while avg. prescription drug deductibles are projected to ↑~30% across plans.
Compare current and 2027 plan notice values for premiums, in-network medical caps, drug deductibles, and copays for specialists, hospital stays, imaging, and prescriptions.
Prescription costs sit outside the medical cap, and plan members also pay a separate federal medical coverage premium. Check drug coverage and doctor networks.
During enrollment, compare your current plan with two alternatives using an official plan comparison tool to estimate yearly premiums and prescription drug costs.