Obamacare premiums surged this year. A new analysis shows it’s likely to happen again in 2027
Also reported by PBS NewsHour
Summary
Health insurance premiums under the Affordable Care Act (Obamacare) are expected to rise again in 2027, following a large increase in 2026. Insurers say the higher costs are due to rising healthcare expenses, changes in federal rules, and the end of pandemic-era financial help for some enrollees.Key Facts
- Insurers in the ACA marketplace are proposing an average premium increase of 14% for 2027.
- In 2026, premiums already went up by about 20% on average.
- Major reasons for higher premiums include rising costs of hospital care, drugs, and treating sicker patients.
- The end of extra federal subsidies from the pandemic caused many healthier enrollees to leave, leaving a riskier group that costs more.
- The ACA marketplace lost over 2.5 million enrollees in the past year according to data from the Trump administration.
- Some insurers said new enrollment and eligibility rules introduced by the Trump administration also contributed to the need for higher rates.
- People making over 400% of the poverty level may face steep premium increases since they do not qualify for subsidies.
- No major new healthcare laws have passed to address the rising costs in the ACA system so far.
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