Washington Approves 22.2% Average Premium Increase for 2027 Individual Health Plans
Washington's Office of the Insurance Commissioner finalized a 22.2% average premium increase for 2027 individual market health plans, affecting roughly 281,000 enrollees across twelve carriers — above the national median proposed increase of 15%. The increase is driven primarily by rising health-care costs and an adverse-selection effect tied to the expiration of enhanced federal premium tax credits, which contributed to a 13% enrollment decline in 2026. Net costs will vary significantly by income: households above 400% of the federal poverty line receive no federal subsidy, while those below 250% may qualify for additional Washington state assistance.