How Much Does a Medicare Advantage Plan Cost in Florida in 2026?
A Medicare Advantage plan in Florida costs $2.11 a month on average in 2026, and every one of the state’s 5.2 million Medicare enrollees can find at least one plan that charges nothing at all.
That’s the average premium.
It isn’t the whole bill.
A $0 premium plan still comes with a separate Part B premium, copays at the doctor’s office, and a yearly cap on what you could owe in a bad year.
Insurers now compete with 611 separate Medicare Advantage plans in Florida, and that crowded field is a big reason the state’s premiums sit so far under the national number.
Note: This is general information, not medical or insurance advice. Premiums, coverage, and plan details are subject to change, so confirm the current numbers with Medicare.gov or a licensed agent.
Typical Medicare Advantage Costs in Florida
Florida’s average premium was $4.09 a year earlier.
It dropped to $2.11 as insurers kept adding plans to the state.
Every county in Florida offers at least one Medicare Advantage plan with a $0 monthly premium, according to the Centers for Medicare & Medicaid Services (CMS).
Insurers filed 611 plans for 2026, up from 592 in 2025.
Nationally, 75% of Medicare Advantage enrollees already pay no premium beyond the standard Part B amount, according to KFF, a nonprofit health policy research organization.
For the quarter who do pay something extra, the nationwide average runs $59 a month.
Health Maintenance Organization (HMO) plans average $12 a month in added premium, and Preferred Provider Organization (PPO) plans average $18, per KFF.
Zero isn’t guaranteed.
Why So Many Plans Charge $0
Insurers can waive that premium because of how Medicare pays them.
The federal government sends each Medicare Advantage plan a set monthly amount for every enrollee, based on the enrollee’s county and health profile.
When a plan’s actual costs run under that amount, the insurer keeps a share of the difference, a payment CMS calls a rebate.
Plans plow much of that rebate back into lower premiums and richer extras instead of pure profit.
That’s how a $0 premium plan can still add coverage Original Medicare skips, things like hearing aids, eyeglasses, and a gym membership.
Someone still pays.
Those savings come partly from tighter provider networks and prior authorization rules that slow down certain approvals, not from thin air.
Psst! How much do you know about Medicare’s rules and deadlines? Take our quiz and see if you can ace it.
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What You Still Pay Beyond the Premium
Signing up for a Medicare Advantage plan doesn't erase your other Medicare costs.
You keep paying the standard Part B premium, $202.90 a month in 2026, no matter which plan you pick.
Every Medicare Advantage plan then layers its own cost sharing on top of that, usually a flat copay for a doctor visit and a per-day charge for the first several days of a hospital stay.
Those numbers vary a lot by plan and by county, so two neighbors on different plans can pay very different amounts for the same visit.
Part D drug costs stack separately again, with a $2,100 yearly cap of their own in 2026.
Everything eventually caps out.
Florida's Out-of-Pocket Maximum
That cap is the real safety net behind a Medicare Advantage plan.
Federal rules cap what a plan can charge for in-network care at $9,250 in 2026, and at $13,900 when out-of-network care counts too.
Most plans set their limit lower than that ceiling.
The average Medicare Advantage enrollee has a $5,421 in-network out-of-pocket maximum, and the average combined limit for plans that also cover out-of-network care runs $9,825.
HMO plans average a lower $4,636 limit, since they mostly restrict members to an in-network provider list, while PPO plans average $6,592 in exchange for the freedom to go outside that network.
There's no cap.
Choose Original Medicare instead, and a bad year of hospital stays and specialist visits could run up costs with no ceiling in sight.
Psst! Before you read on, take our quiz on what Medicare Advantage plans add and take away. See how many you can get right.
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How Florida Compares to the Rest of the Country
Florida's $2.11 average premium looks even smaller next to the national number.
The average Medicare Advantage premium across every plan nationwide, including plans with no drug coverage and special needs plans, is $14 a month in 2026, down from $16.40 in 2025, per CMS.
Florida sits well under that mark.
Access is wide, too.
Nationwide, 97% of Medicare beneficiaries can already choose from 10 or more Medicare Advantage plans, and Florida's 611-plan lineup puts most of the state well past that bar.
That kind of competition is exactly what pushes premiums toward zero.
Medicare Advantage vs. Original Medicare Plus Medigap
Skipping Medicare Advantage doesn't mean skipping a bill.
Original Medicare still charges that same $202.90 Part B premium, plus a $1,736 Part A deductible per benefit period if you're ever admitted to a hospital, per CMS.
Most people cover that gap with a Medigap policy, a separate supplemental plan sold by private insurers.
Medigap comes with its own monthly premium on top of Part B, averaging $164 a month nationally for the most popular version, Plan G, in 2023.
Premiums have only risen since, with insurers filing double-digit rate hikes across many states in early 2026, according to KFF Health News.
A Medicare Advantage enrollee, by comparison, often pays $0 to $59 a month total.
The trade is the network.
Medigap lets you see almost any doctor who accepts Medicare, while a Medicare Advantage plan generally keeps you inside its own list of providers.
Either path leaves room for other ways Florida homeowners save, like the state's property tax breaks for homeowners 65 and older, to offset whatever Medicare ends up costing.
Psst! How much do you know about Medigap and Original Medicare? Take our quiz and see how you score.
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FAQ
Quick answers to what Floridians ask most about Medicare Advantage costs.
How much does a Medicare Advantage plan cost in Florida in 2026?
Florida's average Medicare Advantage premium is $2.11 a month in 2026, and every county has at least one plan with a $0 premium. Your actual cost also depends on the plan's copays, deductibles, and yearly out-of-pocket maximum.
Do you still pay the Part B premium with Medicare Advantage?
Yes. Every Medicare Advantage enrollee keeps paying the standard Part B premium, $202.90 a month in 2026, no matter what the plan itself charges.
What's the Medicare Advantage out-of-pocket maximum in 2026?
Federal rules cap it at $9,250 for in-network care, though the average plan sets a lower limit, around $5,421. Original Medicare carries no such cap.
Is Medicare Advantage cheaper than Medigap in Florida?
Usually, month to month. Most Medicare Advantage enrollees pay $0 to $59 beyond Part B, while the average Medigap Plan G premium ran $164 a month nationally in 2023 and has risen since.
When can you switch Medicare Advantage plans in Florida?
During Medicare's Annual Enrollment Period each fall, or a separate Medicare Advantage window early in the year. Some situations also qualify for a Special Enrollment Period outside those two windows, including moving out of a plan's service area or a top-rated plan becoming available nearby.
Florida's Medicare Advantage prices reset every fall, and premiums aren't the only thing that can change between one plan year and the next.
A little-known Special Enrollment Period lets you swap into a plan carrying a perfect 5-star CMS quality rating almost any time of year, and only 21 plan contracts nationwide earned that rating for 2026.
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