In thh WSJ today: "Clint and Cindy Kittrell, retirees who live in Pendleton, Ore., have been paying $305 a month for their ACA plan, including help from a subsidy. They will be on the hook for about $2,500 a month next year if they stick with the same plan, their agent has warned. "
Is the above an aberration, or are you seeing similar increases? Thanks!
What does your ACA premium look like for next year?
byu/azfanboy infinancialindependence
Posted by azfanboy
6 Comments
Beats me! I have to wait until “just before” November 1 to open my surprise.
The big increases you are seeing are from subsidies that won’t occur in 2026 but did occur in 2025. There is a lower base level of increases, of course, but the headline grabbing changes are a combination of that increase and lower governmental support.
2025: $400.21/mo
2026: $495.41/mo
(same ACA Silver plan, no MAGI or life changes)
The insurer I’m likely to choose got approved for a 22% increase. I won’t know what that ends up translating to until Nov 1. I priced out the three plans I expect to pick from at their 2025 prices and will be comparing the 2026 prices as soon as I can.
You’d get a lot more answers upon open enrollment, I suspect.
The non-subsidized full cost of my (bare bones bronze) plan is actually decreasing slightly next year, but as it stands, my subsidized cost will increase by about $40/month with the enhanced subsidies expiring. That’s assuming I manage my taxable income correctly and don’t get hit by the income cliff that’s set to return. If I mess up, it’ll increase by $400/month.
It’s not an aberration; millions of people are affected in this way. The enhanced subsidies significantly helped certain income brackets and plans (eg silver plans in the middle income range) so those people are absolutely screwed.
Myself saw a modest increase but have to be a lot more careful with income. The rollback of the repayment cap hurts and makes most people at minimum have to make some difficult choices I suspect
How is it that ACA insurance is so crazy expensive, and meanwhile my employer-sponsored plan is a small fraction of this?