Summary
Health insurance prices are expected to increase in 2026, partly due to higher medical costs and expensive prescription drugs. This rise could particularly impact those buying individual coverage, especially if federal financial support ends. Additionally, health insurance coverage may reduce, leading to higher out-of-pocket costs for patients.
Key Facts
- Health insurance costs are likely to rise in 2026.
- Expensive treatments and prescription drugs, such as diabetes and obesity medications, are driving costs up.
- There might be less financial help from the government for people buying individual insurance.
- More people are seeking medical care, including expensive emergency room visits.
- Healthy people are dropping insurance, leaving insurers with more sick patients who need more care.
- New costly drugs and treatments, like gene therapies, are also contributing to rising expenses.
- Insurance premiums on the Affordable Care Act marketplaces could go up by 20% or more.
- Without renewed tax credits, customer costs might increase by over 75%.
