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State Officials Approve 14.6% Rate Increase for Individual Premiums on ACA Marketplace

Officials said 274,000 marketplace enrollees face higher monthly bills as insurers cite lost federal tax credits and rising medical costs.

  • On Friday, the Maryland Insurance Administration approved a 14.6% average premium rate increase for 2027 plans on the Maryland Health Connection, affecting 274,000 Marylanders enrolled in Affordable Care Act coverage.
  • Rising inpatient hospital care and prescription drug costs, combined with the expiration of federal tax credits in December 2025, drove the rate increases as state marketplace enrollment dropped from 294,000 last year to 274,000 this year.
  • Families face varied impacts: a CareFirst Bronze plan may see monthly costs jump $302 with a 17.2% increase, while an Optimum Choice Bronze plan may see a 3.5% increase adding $34 monthly, and small group plans face a 10.2% average hike.
  • Vincent DeMarco, president of the Maryland Health Care for All coalition, criticized the Trump Administration and Congress for failing to extend tax credits, stating Maryland needs additional revenue to address rising pharmaceutical costs.
  • Insurance Commissioner Marie Grant urges affected Marylanders to shop the Maryland Health Connection, noting that residents with incomes below 400% of the federal poverty level may qualify for state subsidies that could lower monthly costs.
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State officials approve 14.6% rate increase for individual premiums on ACA marketplace

Marylanders who buy individual healthcare plans on the state's insurance marketplace will see a second year of double-digit increases to their premiums, after state insurance officials approved a 14.6% average premium rate increase across plans in 2027.

·Pampa, United States
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Maryland Matters broke the news in Annapolis, United States on Friday, September 25, 2026.
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