Oregon Insurers Seek 17% Premium Hike for 2027 as ACA Plan Options Shrink
Updated
Updated · Willamette Week · Jun 10
Oregon Insurers Seek 17% Premium Hike for 2027 as ACA Plan Options Shrink
1 articles · Updated · Willamette Week · Jun 10
Summary
Oregon regulators said insurers want average 2027 premium increases of 17% for individual and small-group plans, far above the 6% to 10% hikes sought in recent years.
Rising healthcare costs and insurer exits are driving the requests: Providence Health Plan is largely shutting down at year-end, and PacificSource will leave the individual market in 2027.
The proposed rates are still subject to public review, but Oregon has typically approved increases close to what insurers request.
If that pattern holds, households and small businesses buying coverage through the Affordable Care Act marketplace could pay several hundred dollars more per person each year.
The Oregon filing reflects a broader national trend of healthcare spending rising faster than inflation, though the state’s market is being hit especially hard.