Obamacare premiums poised for another double-digit surge in 2027

A new KFF analysis finds Obamacare premiums are set to rise a median 14% next year, marking the second straight year of double-digit increases in the individual market. Subsidies will help some enrollees, but those earning more than 400% of the federal poverty level won’t qualify. The hikes are driven by higher overall medical costs and the expiration of enhanced ACA subsidies, with insurers warning a sicker risk pool will push costs higher. Enrollment has fallen about 3 million year over year to 19.2 million, though the figure remains larger than any year before 2024.