OR| In the October 8, 2025, press release, Oregon Division of Financial Regulation announces it has finalized its 2026 health insurance rates for both the individual and small group markets, with average premium increases expected due to federal policy changes and the pending expiration of expanded Affordable Care Act tax subsidies. Six insurers will offer statewide coverage, while Kaiser Permanente will serve 11 counties, extending consumer choice in major areas. Despite ongoing federal uncertainty and national cost pressure, Oregon’s reinsurance program continues to substantially reduce individual market premiums relative to what rates would have been without it.
Main Points:
- Oregon’s reinsurance program has consistently lowered individual market premiums by at least 6.5% annually, helping offset cost growth and supporting consumer access to health coverage.
- Average increases for 2026 are 9.7% in the individual market (slightly above last year) and 11.5% in the small group market (slightly below last year).
- The expiration of enhanced federal tax credits at the end of 2025 will likely lead to dramatic premium increases for many marketplace buyers—potentially up to 300–400% for some households unless Congress reauthorizes them.