Emma Wager

Obamacare premiums are set to rise by a median of 14% in 2027, the second consecutive year of double-digit increases, driven by rising healthcare costs and expired subsidies. Higher out-of-pocket costs are causing some healthier enrollees to drop coverage, worsening the affordability crisis and shrinking the insurance market, which now has 19.2 million enrollees, down 3 million from the previous year.