Jun. 20 at 3:34 PM
Health insurers are starting to notify states that tariffs will drive up the premiums they plan to charge individual & small group market enrollees next year
Health insurers calculate monthly premiums in advance of each year based on the expected price of goods & services and projected demand for them
Tariffs are expected to drive up the cost of prescription drugs, medical devices and other medical products & services
Professor at Georgetown’s Center on Health Insurance Reforms: Trump admin’s trade policy, potential Medicaid cuts, & expected end of enhanced subsidies for ACA coverage are creating a “perfect storm” of factors driving up prices
Independent Health Benefits Corp informed NY regulators that a +38.4% premium increase for individual market enrollees
$UNH of Oregon proposed a +19.8% premium hike for small group enrollees
Insurers must submit proposed 2026 ACA marketplace plan rates to federal regulators by July 16, rates set to be published by Aug 1
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