Companies offering Obamacare health insurance plans next year are requesting payment rates representing a 14% median increase to premiums over 2026 rates, according to data from health policy research group KFF. The proposed rate for 2027 represents the second-highest increase since 2018, KFF said. Insurers must submit proposals to regulators by July 15, detailing expected costs and planned price changes ahead of the new year.
When insurance companies asked for a median rate hike of 18 per cent last year, they pointed to an expected greater number of higher-risk, or sicker, patients enrolled in the plans that would not be offset by less costly healthier enrollees.
