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Health Insurance Premiums Set to Soar 18% in 2026

8/23/2025

Summary

Premiums Surge Nationwide

Health insurance premiums are expected to rise by an average of 18% nationwide in 2026, with some states like New York seeing increases up to 66%.
The expiration of enhanced tax credits for Affordable Care Act (ACA) plans is a key factor in these increases, risking millions of uninsured individuals.
Experts caution that rising premiums may cause healthier individuals to forgo coverage, worsening the risk pool and escalating costs.
States such as New Jersey and New Mexico are taking steps to alleviate rising costs, but many consumers will still experience significant increases.

Summary

Insurance Premiums Rise

Irish Life Health will raise health insurance premiums by an average of 3% starting October 1, costing families up to €185 more.
Laya recently announced a 4.5% increase, indicating a trend of ongoing price hikes.
Rising healthcare costs and increased claims are driving these premium increases, with more expected during the renewal period.
Consumers should explore better coverage options and avoid auto-renewing to mitigate premium hikes.

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Premiums Surge Nationwide

Health insurance premiums are expected to rise by an average of 18% nationwide in 2026, with some states like New York seeing increases up to 66%.
The expiration of enhanced tax credits for Affordable Care Act (ACA) plans is a key factor in these increases, risking millions of uninsured individuals.
Experts caution that rising premiums may cause healthier individuals to forgo coverage, worsening the risk pool and escalating costs.
States such as New Jersey and New Mexico are taking steps to alleviate rising costs, but many consumers will still experience significant increases.

1 / 2