Factors for the rate hikes include higher medical claims, inflation, and the popularity of GLP-1 drugs like Ozempic.
The potential expiration of enhanced federal tax credits could further increase costs for many individuals.
Greg Deemer, whose job is to help Erie-area individuals and small businesses purchase health insurance, has been telling clients for months to prepare for significantly higher premiums in 2026.
The Pennsylvania Insurance Department confirmed Deemer’s prediction this week when it published the approved Affordable Care Act rates for health insurers selling plans in the state.
Plans for small groups of 50 or fewer employees will increase an average of 12.7%, while individual plans will rise an average of 21.5% — not including the elimination of any federal tax credits.
Highmark, UPMC Health Plan coverage costs to rise in 2026
