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FOR IMMEDIATE RELEASE:

9/19/2025

FOR INFORMATION, CONTACT:
Craig Ey, 410-468-2488 (O)
443-604-9599 (C)

Maryland Insurance Administration Approves 2026 Affordable Care Act Premium Rates

Despite increases, Maryland remains a national leader in affordable rates; new state subsidy to offset loss of enhanced federal tax credits

BALTIMORE – Maryland Insurance Commissioner Marie Grant today announced the premium rates approved by the Maryland Insurance Administration for individual and small group health insurance plans offered in the state for coverage beginning January 1, 2026.

The rates for individual health insurance plans under the Affordable Care Act (ACA) will increase by an average of 13.4% this year, largely due to the impacts of expiring federal tax credits that Congress has not yet taken action on to restore. The approved rates are 3.7% lower on average than insurance carriers originally requested, which represents a total annual premium savings of $55 million for Maryland consumers.

“Under this new federal administration, Washington has shirked its duty to help middle-class Americans and families in poverty get affordable health care. Congress should act without delay to avoid these federal tax credits being ripped away from hardworking families. No single state can fill the gap left by the federal government. But in Maryland, we will continue to do everything in our power to keep costs low for families and preserve access to affordable care,” said Governor Wes Moore. “Maryland has maintained its status as a leader in health care affordability, especially for families in poverty. And together, we will continue to protect our people, as we call on leaders in Washington to do their job.”

Click HERE to read full release.

Click HERE to read Frequently Asked Questions.
Click HERE to see exhibits.
Click HERE to see illustration of impact of state subsidy program.