Are You Paying More for Health Insurance in 2026?

You’re not alone. Across the U.S., health insurance premiums are rising. According to a Mercer survey, employer-sponsored plans increased by an average of 7% this year. Those using the Health Insurance Marketplace often face even higher hikes — up to 30%, according to the Kaiser Family Foundation.

Here’s why premiums are climbing and what you can do to manage the cost.

Quick Ways to Cover Rising Health Insurance Costs

If your premiums are stretching your budget, there are ways to earn extra cash online:

Why Are Premiums Going Up?

Several factors are driving higher costs in 2026:

1. Brokers and employer plans – Some employers buy insurance through brokers who earn commissions, which can incentivize selling higher-cost plans.

2. Inflation and medical costs – Medical care is rising faster than general inflation, including prescription drugs and treatments for obesity, diabetes, cancer, and gene therapies.

3. Expired ACA subsidies – Tax credits that previously lowered Marketplace premiums ended in 2025, increasing costs for many consumers.

What Can You Do About It?

1. Talk with your employer If you have an employer-sponsored plan, discuss rising premiums with HR and finance leaders. Companies like E Powered Benefits help employers design cost-effective insurance plans that remain compliant but reduce expenses.

2. Consider switching employers Finding a new job may give you a different insurance plan, but premium increases are widespread — changing employers isn’t guaranteed to solve the problem.

3. Check Medicaid eligibility Medicaid provides low-cost coverage for qualifying low-income individuals. Eligibility depends on your income, citizenship status, and your state (10 states have not expanded Medicaid). Even if offered employer insurance, some people may still qualify.

4. Use Charity Care / Hospital Financial Assistance Even with insurance, co-pays, deductibles, and bills can be high. Many nonprofit hospitals run financial assistance programs (FAPs) that can reduce bills significantly — sometimes to $0. Check your hospital’s FAP online or contact billing directly to see if you qualify.

Bottom line: Rising premiums in 2026 are driven by inflation, higher medical costs, and expired subsidies. While solutions aren’t one-size-fits-all, talking to your employer, exploring Medicaid, and leveraging charity care programs can help manage expenses.