It works like this: you pay a flat monthly rate for a card that’s supposed to save you money at the doctor’s office.
The Florida Office of Insurance Regulation says tough new regulations have helped cut down on fraud and abuse in the industry, but consumers still need more education about what these discount plans really are.
evin mccarty/office of insurance regulation
"They’re not insurance and they’re not intended to be insurance," says Kevin McCarty with the Office of Insurance Regulation. "The consumer is still on the hook for the risk when they walk into the doctor’s office."
The state estimates about a million and a half people in Florida use some kind of discount medical card.
The governor vetoed a bill this year that would have weakened regulations, but regulators anticipate the industry will try again in the spring.