NEW: RI Health Insurance Rates Explode, State Approves Increases of 17% to 21%

GoLocalProv News Team

Commercial health insurance premiums for 2026 have been approved by the State of Rhode Island’s Office of the Health Insurance Commissioner (OHIC), with modifications.

The 2026 premiums approved by OHIC are driven by significant increases in the cost of health care services and drugs, due to increasing unit prices and use of health care goods and services, impacting not just Rhode Island, but the nation.[While the sunset of Enhanced Premium Tax Credits will also have a national impact, in Rhode Island, new fees approved by the General Assembly will also drive up consumer costs.

Rhode Island’s Office of Health Insurance Commissioner (OHIC) has approved dramatic increases in health insurance premiums in Rhode Island…

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