Employer-sponsored health insurance premiums are projected to see their largest single-year increase in 20 years in 2027, rising 11% and approaching a nearly four-fold increase since the start of the century. The rising costs are affecting workers and healthcare professionals alike, with some providers going without coverage.
Health insurers offering Affordable Care Act plans are requesting a median 14% premium increase for 2027, marking the second consecutive year of double-digit hikes and intensifying affordability concerns that have already caused millions to drop coverage.
ACA Marketplace deductibles hit a record 37% increase in 2026 following the expiration of enhanced tax credits, pushing millions of enrollees toward cheaper, higher-deductible bronze plans. Premium payment rates have also dropped sharply across multiple states.
Multiple states are experiencing significant drops in Affordable Care Act enrollment, with Georgia seeing a 28% decline in premium payments in April compared to the previous year. The trend suggests rising costs from reduced subsidies are causing people to skip payments or drop coverage entirely.
