Pennsylvania health insurance providers selling plans on Pennie, the state's official Affordable Care Act marketplace, have requested another round of substantial premium increases for the 2027 plan year. The Pennsylvania Insurance Department released the insurers' annual filings Thursday, revealing requested rate hikes that range from an average of 10 percent up to nearly 41 percent depending on the company, driven primarily by escalating medical claims and healthcare operational expenses across the industry.
Across the state, the proposed rate adjustments average a 17.1 percent increase for the individual market, where residents purchase their own coverage directly through Pennie. For the small group market serving small businesses, insurers submitted an average proposed increase of 11.5 percent. These newly requested hikes follow rate increases that consumers already absorbed in 2026 after enhanced federal tax credits expired at the end of 2025, threatening to further compound monthly expenses for policyholders next year.
State insurance regulators will conduct a thorough review of the companies' proposals over the coming months to verify whether the requested rate hikes are financially justified. Department officials will evaluate underlying financial data and accept public feedback through late August before making final determinations to approve, modify, or reject the proposed 2027 rates ahead of fall open enrollment.
