All Press Releases

The Florida Office of Insurance Regulation (OIR) announced today that premiums for Florida individual major medical plans in compliance with the federal Patient Protection and Affordable Care Act (PPACA) have been approved for the 2020-2021 plan year. Following OIR’s rate filing review, the average statewide approved rate change on the Exchange is +3.1 percent, beginning January 1, 2021.

TALLAHASSEE, Fla. – The Office of Insurance Regulation (OIR) has received the 2021 Florida workers’ compensation rate filing by the National Council on Compensation Insurance (NCCI), which proposes a statewide average premium decrease of 5.7%. The new rates would become effective January 1, 2021. As always, OIR will review the filing to ensure the proposed changes are not excessive, inadequate or unfairly discriminatory and evaluate its potential effects on the insurance marketplace and employers, who are required by law to carry this insurance on their employees.