Becker's Healthcare August 5, 2024
Rylee Wilson

Premiums for plans on the ACA marketplace will rise 7% on average in 2025, according to an analysis from Peterson-KFF Health System Tracker published Aug. 5.

Most insurers participating in the marketplace requested premium increases between 5% and 10%. Around 15% of plans requested rate decreases, and less than 10% requested rate increases higher than 15%.

The report analyzed public reports insurers made requesting premium increases. Several insurers said GLP-1 drugs, including Ozempic and Wegovy, are one of the things driving premium increases.

“The pharmacy trend, especially cost, is heavily influenced by the impact of GLP-1 drugs and their use in diabetes treatment as well as the expectation for continued use...

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Topics: ACA (Affordable Care Act), Biotechnology, CMS, Govt Agencies, Insurance, Patient / Consumer, Pharma / Biotech, Provider, States, Survey / Study, Trends
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