AJMC August 5, 2024
There will likely be a 7% increase in Affordable Care Act (ACA) Marketplace plan premiums next year across the 324 participating insurers from the 50 states and Washington, DC.
Fresh off their average 4.65% plan premium increase for 2024,1 Affordable Care Act (ACA) Marketplace plans are predicted to see an average 7% increase in 2025, according to the newest data from KFF.2
For 2024, premiums for the lowest-cost gold premium plans (highest tier) rose an average 3.3% compared with 6.3% for the lowest-cost bronze plans (lowest tier).1 This median proposed 7% increase for 2025 was arrived at after considering the 9 ranges of proposed rate changes for the year. These rate changes are decreases of 10% to 15%, 5% to...