WASHINGTON — Health insurance premiums for New Jerseyans who receive coverage through the state-run marketplace created under the Affordable Care Act, known as Obamacare, will rise significantly again next year.
Rates in the state’s individual health insurance market, including plans sold through Get Covered New Jersey, will rise by a weighted average of 19.8% in 2027, according to the state Department of Banking and Insurance. That follows an average increase of 15.9% this year.
The increase applies to premiums before financial assistance, and what a consumer ultimately pays will depend on the insurer, the plan, household income, and eligibility for state and federal subsidies…