Maryland Health Insurance Rates Will Rise 14.6% in 2027
Residents buying individual plans through the state marketplace should prepare for higher premiums starting in 2027.
Updated on Sept. 26, 2026 in Insurance
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Maryland insurance regulators have approved an average 14.6% rate hike for individual health insurance plans for 2027. This adjustment applies to coverage purchased through the state-run health insurance exchange.
Why it matters
Higher monthly premiums will directly increase the out-of-pocket costs for residents purchasing unsubsidized health insurance coverage. These changes reflect the new pricing structure authorized by state regulators for the upcoming plan year.
Maryland regulators approved a 14.6% average rate increase for individual marketplace health insurance plans in 2027. This figure represents the average adjustment for residents shopping for unsubsidized coverage across the state.
The players
Steny Hoyer
As the Congressman for Maryland's 5th district, he represents constituent interests regarding federal and state policy impacts on healthcare costs.
The details
The rate increase propagates to household budgets as higher monthly premiums for individuals who do not receive subsidies for their coverage. Because these adjustments are set at the exchange level, households should review their current plan details during the upcoming open enrollment period to understand how this change impacts their specific monthly expenses.
Timeline
The 14.6% rate increase takes effect for the 2027 calendar year.
Congressman Steny Hoyer released a statement regarding these rates on September 26, 2026.
Money Landscape
This rate adjustment follows the established annual cycle for reviewing health insurance premiums within the state marketplace. It reflects the ongoing costs of managing individual plans under the framework of the Affordable Care Act.
If you purchase your health insurance on the Maryland exchange without subsidies, expect your monthly premium to rise by an average of 14.6% in 2027. Now is the time to review your budget and consult with a licensed professional to compare plans during your next open enrollment window.
The takeaway
The approved 14.6% increase for 2027 underscores the importance of re-evaluating your health plan costs before the next coverage period begins. Review your current policy documents and prepare for potential premium changes when the new plan year starts.
Further reading
To better understand your options for the upcoming year, review the resources available in the Maryland Insurance section.
Source note: This article includes information reported by InsuranceNewsNet.
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