Maine Insurers Seek Up to 25% Hikes for 2027 Marketplace Plans
Updated
Updated · Maine Public · Jun 11
Maine Insurers Seek Up to 25% Hikes for 2027 Marketplace Plans
3 articles · Updated · Maine Public · Jun 11
Summary
Four insurers asked Maine regulators to raise 2027 marketplace premiums by mostly double digits, with Community Health Options seeking average increases of 20% to 25% and UnitedHealthcare 18%.
Anthem proposed increases ranging from about 8% to 26%, while Harvard Pilgrim requested an average 9% rise, showing broad upward pressure across both individual and small-group plans.
Insurers tied the increases to higher medical costs, including technology-driven care and specialty drugs, and some said the expiration of enhanced federal premium tax credits is worsening the risk pool.
At least one carrier also blamed low Medicare and Medicaid reimbursement rates, saying hospitals shift those shortfalls onto private insurance; Maine's Bureau of Insurance will set final rates in August.