ObamaCare premiums poised for another big hike

The cost of ObamaCare coverage could shoot up even higher next year as insurers are proposing a median increase of 14 percent, according to an analysis of initial filings from KFF.

If the preliminary filings hold, it would mark the second-straight year of double-digit premium increases, putting customers on the hook for thousands of dollars more in health costs. Between 2025 and 2027, Affordable Care Act marketplace premiums will have increased by one third, the analysis showed.

Last year’s median nationwide proposed rate change was 18 percent and the median finalized rate change was 20 percent. While this proposed rate change is lower than last year, it represents the second-highest requested rate change since 2018, KFF said.

The reasons for the increase were similar across all the 77 insurers that had filed preliminary rates ahead of the July 15 deadline: health care costs........

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