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ACA Health Insurance Premiums Set To Post Biggest Jump In 7 Years
ACA Health Insurance Premiums Set To Post Biggest Jump In 7 Years
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BTCCSquare news:
Premiums for Affordable Care Act-regulated health plans are projected to surge by approximately 18% next year, marking the steepest increase since 2018. Insurers cite the expiration of enhanced tax credits—previously a lifeline for affordability—as a primary driver, alongside rising drug prices and broader healthcare cost inflation.
The median rate hike request of 18% for 2026 dwarfs last year’s proposals by 11 percentage points. State regulators will finalize rates after review, but the trajectory underscores mounting financial pressures on both insurers and enrollees. Nearly 24 million Americans on ACA plans face higher out-of-pocket costs as subsidies shrink.
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