Salisbury, Md. – Rates for unsubsidized individual Affordable Care Act plans are increasing by an average of 14.6% in 2027 in Maryland.
The Maryland Insurance Administration approved the proposed rates on Friday. Vincent DeMarco, the president of Health Care for All, a coalition established by a nonprofit advocating for universal health care, said Marylanders are about to see a sharp increase in their health care premiums next year due to decisions at the federal level.
“It’s really disappointing that this had to happen primarily because of terrible decisions made at the federal level by President Trump and Congress, where they failed to extend critically needed tax credits for people on Affordable Care Act plans, which hurt them and hurts all of us because when less people are covered, premiums go up,” he said…