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U.S. health insurers seek largest jump in Obamacare premiums since 2018, study shows

UNITED STATES, JUL 18 – Health insurers cite rising medical costs, Trump-era policy rollbacks, and expiring ACA tax credits as drivers behind a median 15% premium increase for 2026, the highest in over five years.

  • For the 2026 plan year, more than 105 Affordable Care Act insurers in 19 states and D.C. are seeking a median premium increase of 15%.
  • These proposed hikes follow the scheduled expiration of enhanced premium tax credits at the end of 2025, which subsidized coverage for over 24 million people.
  • Insurers attribute the increases mainly to rising medical costs, tariffs on imported drugs, reduced enrollment of healthier individuals, and new policy restrictions introduced during the Trump administration.
  • Experts warn that without Congress extending these tax credits, subsidized enrollees' out-of-pocket premiums could rise by over 75%, while enrollment could drop up to 57%, worsening the risk pool.
  • These developments imply that millions may face higher costs and reduced coverage access, prompting calls for legislative action amid ongoing discussions.
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KVIA broke the news in Panama City, United States on Friday, July 18, 2025.
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