Premiums to soar 30% on Healthcare.gov plans
Americans who purchase health coverage through the federal marketplace will face steep premium increases next year as enhanced subsidies approach expiration. Benchmark silver plans will rise by 30 percent on average for 2026, affecting approximately 17 million people and marking the largest jump since 2018.
The rate hikes stem from Congress failing to extend pandemic-era financial assistance that helped millions afford coverage. Without legislative action, many households could see their premiums double or triple when federal support disappears at year’s end. Republicans argue the temporary relief was never meant to continue indefinitely, while Democrats push for an extension.
Idaho provides an early warning of what lies ahead for other states. Gross premiums climbed 10 percent statewide, but consumer costs after subsidies jumped 75 percent. About 13,000 residents earning above 400 percent of the poverty line will lose tax credits entirely if lawmakers refuse to act.
