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Health Insurance Premiums Set to Surge Again | Wichita News

Health Insurance Premiums Set to Surge Again | Wichita News

Published 4 weeks, 1 day ago
Description

Health insurance premiums on the Affordable Care Act Marketplace are set to jump 14% on average next year — a painful climb after last year’s 18% surge. Seventy-seven insurers across 16 states and D.C. are asking for hikes, mostly between 10–20%, with none proposing cuts. The spike? Blame expired subsidies (gone for those earning over $63K), rising healthcare costs, and federal rule changes. As healthier enrollees left, sicker ones stayed — driving up everyone’s tab. Enrollment’s already down 2.5 million since last year. Brace yourself.

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