Health insurers are preparing to propose a median premium increase of 14% for the 2027 plan year, marking a second consecutive year of double-digit growth, according to an analysis shared by the American Hospital Association (AHA).
While this primarily targets ACA Marketplace plans, Medicare beneficiaries should also brace for ripple effects in Medicare Advantage and Part D supplemental premiums. Insurers cite a combination of pressures driving the hikes: the explosive demand and cost of glucagon-like peptide-1 (GLP-1) weight-loss drugs, broader economic inflation, and ongoing labor shortages in the healthcare sector.
As federal policy changes—including the expiration of enhanced premium tax credits—take effect, seniors and younger enrollees alike will need to shop their coverage carefully during the upcoming fall open enrollment season.