Health insurance premiums for Blue Cross Blue Shield Silver plans are rising sharply for 2026, with some residents seeing their monthly rates double, according to local insurance experts. The increases are tied to changes in federal subsidies known as advanced premium tax credits, which had previously kept Silver plan costs artificially low.
KTLO News spoke with Joey Crump, president of Insuance Marketplace, who urges residents to look at changing their plan.
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Experts stress that residents should not automatically stick with their current Silver plan. “A huge majority of people here have Silver plans simply because that’s what agents sold for the last decade,” said Crump. “Many could reduce their monthly premium to just a few dollars by switching to a Gold or Bronze plan.”
Residents have until January 15 to make changes for coverage that takes effect later this year. Local insurance agents recommend contacting an agent rather than relying solely on online marketplaces, as agents can quickly compare all available plans and ensure coverage works with local doctors and hospitals.
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For families or individuals who find January premiums unaffordable, temporary changes can be made to take effect February 1. But experts caution that planning ahead and consulting an agent is critical.
With health insurance changes hitting mailboxes now, residents are encouraged to act quickly to explore alternatives and avoid unexpectedly high premiums.
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