OLYMPIA, Wash. — Thirteen health insurance companies have requested an average rate change of 22.4% for Washington state's 2027 individual health insurance market, according to the state Office of the Insurance Commissioner.
The requested increases range from 8.6% to as high as 27.8% and, if approved, would affect more than 280,000 people who get coverage through individual plans.
It marks the third consecutive year that Washington insurance companies have requested a double-digit rate increase for individual health plans. The state approved an average increase of 21% for 2026, slightly below the current request. For 2025, premium rates increased by an average of 10.7%.
Coordinated Care Corporation, which insures nearly 98,000 Washingtonians, has requested the largest increase at 27.4%. Providence Health Plan will exit the individual market entirely. Providence had 254 enrollees and will not offer coverage in 2027.
Nearly 250,000 Washington residents shopped through the Washington Health Benefit Exchange last year, a figure that was down 13% from 2025 after Congress failed to renew the Enhanced Advanced Premium Tax Credits. The tax credits had helped enrollees save an average of $1,330 per year.
Ninety percent of Exchange enrollees were in a Cascade Care Savings plan in 2026, up from 79% in 2025. Cascade Care plans are available for households at or below 250% of the federal poverty level.
“I know the requested rate changes will be difficult for individuals and families,” said Insurance Commissioner Patty Kuderer. “We’re going to spend the next several months reviewing every assumption made by the insurers to make sure their requests are justified.”
The Office of the Insurance Commissioner will complete its review in September 2026, before open enrollment begins in November 2026.
