HOYER STATEMENT ON THE APPROVED 2027 MARYLAND MARKETPLACE RATES

The following information was released by the office of Maryland Rep. Steny Hoyer:

Today, Congressman Steny H. Hoyer (MD-05) released the following statement regarding the nearly 15% increase forunsubsidized individual Maryland marketplace health insurance plans in 2027:

"Donald Trump and Republicans ran in 2024 on addressing inflation and bringing costs down. They misled American families. Costs are only going up - and faster - because of their policies. We're now seeing that reflected in health-insurance premiums for coverage through the state health-care exchanges. In Maryland, even though our state officials are doing everything possible to keep costs down, premiums for unsubsidised plans are rising an average of 14.6% for 2027. This is a direct result of Republicans' decision to remove eligibility, permit ACA subsidies to lapse, and allow critical tax credits to expire.

"Democrats are fighting to lower costs for health care, groceries, consumer goods, gas, and diesel. It's clear that the Republicans who are in control of Congress have failed to do so, and it is time to change course."