New Jersey’s health insurance market’s plan premiums to increase by an average of 19.8% in 2027

From News12 New Jersey.

New Jersey’s health insurance market’s plan premiums will increase by an average of 19.8% in 2027, according to the state Department of Banking and Insurance. Rate increases will go in effect for insurance carriers serving the individual market, including Get Covered New Jersey. Premiums will increase by 35.7% under UnitedHealthcare, 29.3% under Oscar, 20.8% under Ambetter from WellCare of New Jersey, 17% under AmeriHealth, and 15.3% under Horizon. Open enrollment for 2027 is from Nov. 1 to Jan. 31.

From News12 New Jersey.

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