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Obamacare premiums double, adding post Halloween fright for US health insurance shoppers

  • On Nov. 1, open enrollment for 2026 begins as about 24 million Americans enrolled in ACA plans face subsidy debates amid the federal government shutdown that began on Oct. 1.
  • Congress enacted enhanced premium tax credits in 2021 and Democrats extended them through the end of 2025 via the Inflation Reduction Act, building on the Affordable Care Act's income-based subsidies.
  • Kaiser Family Foundation found rising premiums with a 26% average increase in 2026, benchmark silver-tier premiums up 17% on state exchanges and 30% on Healthcare.gov, and a 114% rise if credits expire.
  • House Minority Leader Hakeem Jeffries, D-N.Y., urges Congress to extend credits as 22 million subsidized enrollees would pay about the same despite insurers' pricing expectations rising about 4 percentage points.
  • KFF noted multiple market factors pushing premiums higher, including hospital cost increases, expensive GLP-1 drugs and tariff threats cited by KFF, while major health insurers are scaling back Medicare Advantage offerings in 2026.
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Obamacare premiums double, adding post Halloween fright for US health insurance shoppers

Americans shopping for 2026 Obamacare health insurance plans are facing a more than doubling of monthly premiums on average and are likely to postpone signing up in hopes of a last-minute reprieve, or walk away, health experts say.

·United Kingdom
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atr.org broke the news in on Friday, October 31, 2025.
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