Study Says Median Exchange Hike Will Be 14% Thus Far
A Peterson-KFF Health System Tracker analysis finds that preliminary rate filings in the Exchanges will mean a median premium rate hike of 14% in 2027. This follows a final median hike of 20% in 2026 after plan switches. This would amount to a one-third increase over two years. While most of the hike will be covered by premium subsidy increases, the hikes will hurt those with little or no subsidy.
Peterson-KFF looked at 77 insurers across 16 states and the District of Columbia. The healthcare duo calculated the enrollment-weighted average rate change across its offerings in a state. Most plans are requesting increases of between 10% and 20% for the coming year, though 20 payers have requested an increase of more than 20%.
Plans say factors such as high medical costs, the expiration of enhanced exchange subsidies, and tighter enrollment processes are driving the premium hikes.
Additional articles: https://thehill.com/policy/healthcare/5958559-obamacare-premiums-rise-again/ and https://www.beckerspayer.com/payer/aca/aca-premiums-could-jump-14-in-2027-7-things-to-know/ and https://www.fiercehealthcare.com/payers/aca-plans-set-another-year-premium-spikes-preliminary-filings-show and https://www.healthcaredive.com/news/affordable-care-act-premium-increase-2027-kff-peterson-center-healthcare/824695/ and https://www.modernhealthcare.com/insurance/mh-aca-marketplace-plans-premium-2027-kff/ and https://www.kff.org/affordable-care-act/in-preliminary-rate-filings-aca-marketplace-insurers-largely-propose-double-digit-premium-increase-for-2027-following-a-steep-climb-this-year/
#exchanges #affordability #coverage #healthcare
— Marc S. Ryan
