Affordable Care Act premium costs already increased by 58% in 2026
Health insurance premiums are set to spike by 14% in 2027 for millions of people who rely on coverage through the Affordable Care Act (ACA) marketplaces. Premium costs already rose by 58% on average in 2026 after Donald Trump and Republicans refused to extend the popular enhanced ACA tax credits and drove up inflation. The proposed rate hikes would make 2027 the second straight year of double-digit premium increases.
Already, millions of people who enrolled in health insurance through HealthCare.gov this year were dropped from coverage for failing to pay their first month’s premium. Instead of fixing the healthcare crisis they created, Trump and his administration want Americans to take out loans for medical bills they can’t pay.
In response, DNC Rapid Response Director Kendall Witmer released the following statement:
“Healthcare is unaffordable for millions of Americans because Donald Trump and Republicans sold them out to give billionaires even bigger tax cuts. Working families are already grappling with sky-high prices for groceries and gas, and growing medical bills are putting them over the edge. Healthcare for Americans has never been more expensive — and Trump and Republicans are squarely to blame.”
Trump and Republicans also slashed nearly $1 TRILLION from Medicaid, which is projected to leave an additional 15 million people uninsured when combined with the failure to extend the ACA tax credits.