Affordable Care Act plan premiums are set to rise 13% in 2027, marking the second consecutive year of double-digit increases. This follows a steep climb in 2026, continuing a trend of significant cost hikes in the individual insurance market. Enrollment is already shrinking as higher prices push consumers away.
The market faces ongoing pressure from medical inflation and broader economic factors. Industry analysts warn that sustained increases could further erode the ACA's coverage base unless offset by subsidies or policy changes. Consumers preparing for next year's open enrollment should anticipate substantially higher monthly costs for comparable coverage levels.
Source: Wall Street Journal Markets · Summarized by HeadlinesBriefing