(NewsNation) — The Trump administration has offered a preview of the available plans via Obamacare marketplaces ahead of enrollment periods beginning Nov. 1.
Affordable Care Act insurance premiums are widely expected to increase compared to 2025, largely due to the end of subsidies unless extended by Congress, according to The New York Times.
According to the health research group KFF, health insurers on the ACA marketplace will, on average, increase prices by 26%.
For marketplaces run by states, the average silver premium will increase by an average of 17%. Most sharply affected will be individuals in states that use healthcare.gov, per KFF, with a 30% average increase.
“The amount insurers charge for ACA Marketplace premiums is rising for several reasons, including but not limited to increasing hospital costs, the rising popularity of expensive GLP-1 drugs like Ozempic, and the threat of tariffs,” Cynthia Cox, KFF vice president, wrote.
An extension of the enhanced Affordable Care Act subsidies is at the core of the current government shutdown, with many Republicans suggesting that tax credit changes are essential before an extension is considered.
“As premiums rise, employers will need to take a closer look at cost-sharing strategies, wellness initiatives, and how to protect overall plan value without cutting corners,” Jeff Williams, president and CEO of Aptia US, told NewsNation.
“For employees, this is the year to carefully review coverage levels, contributions and how tax-advantaged health spending accounts fit into the bigger financial picture,” he added.
