Summary:
An analysis of preliminary rate filings by 105 ACA Marketplace insurers reveals a median premium increase of 15% for 2026, the largest hike since 2018. Key drivers include rising healthcare costs, the expiration of enhanced premium tax credits, and tariffs on medical supplies. This trend highlights growing affordability concerns for consumers in the ACA Marketplace. Data and insights are available through the Peterson-KFF Health System Tracker, a trusted resource for U.S. health system performance metrics.
What This Means for You:
- Expect higher insurance premiums, potentially straining household budgets.
- Plan ahead by exploring supplemental coverage or health savings accounts (HSAs).
- Stay informed about policy changes that may impact healthcare affordability.
- Prepare for future market volatility as insurers adjust to economic and regulatory shifts.
Original Post:
This analysis of preliminary rate filings submitted by 105 ACA Marketplace insurers in 19 states and DC finds that ACA Marketplace insurers are requesting a median premium increase of 15% for 2026, which would represent the largest hike in premiums since 2018, the last time policy uncertainty contributed to sharp premium growth.
In addition to the anticipated growth in the cost of health care services, insurers have cited several policy changes that they expect to drive up rates next year, including the expiration of the enhanced premium tax credits at the end of this year and the impact of tariffs on some drugs, medical equipment, and supplies.
The full analysis and other data on health costs are available on the Peterson-KFF Health System Tracker, an online information hub dedicated to monitoring and assessing the performance of the U.S. health system.
Extra Information:
For additional context, explore the KFF Health Reform Resource, which examines premium trends and access across states. The CMS Marketplace Premiums Dashboard also provides interactive tools to compare premium changes and insurer participation.
People Also Ask About:
- Why are ACA premiums increasing? Rising healthcare costs and policy changes like tax credit expiration are key drivers.
- How can I reduce my ACA premium costs? Consider eligibility for subsidies or switching to a lower-cost plan.
- What happens if I can’t afford higher premiums? Explore Medicaid or CHIP options if eligible.
- Will premiums continue to rise in the future? Trends suggest ongoing increases due to healthcare inflation.
Expert Opinion:
The projected premium increases underscore the fragility of the ACA Marketplace amid economic and policy pressures. Experts warn that without sustained policy support, affordability challenges could escalate, potentially reducing coverage rates and exacerbating health disparities.
Key Terms:
- ACA Marketplace premium increases
- healthcare cost inflation
- enhanced premium tax credits expiration
- ACA insurer rate filings
- Peterson-KFF Health System Tracker
ORIGINAL SOURCE:
Source link
