Health insurance plans from the Affordable Care Act marketplace are likely going to cost a lot more next year.

According to The Wall Street Journal, insurers are seeking double-digit rate increases in 2026 for Obamacare plans. The outlet reported that Blue Cross & Blue Shield of Illinois is asking for a 27% rate hike, while Blue Cross in Texas is looking to raise rates 21%. Under the largest ACA plans in Georgia, Rhode Island, and Washington state, premiums are set to climb more than 20%.

The insurance companies say that hefty rate hikes are necessary because of the rising cost of healthcare and changes to federal policy that cut consumer subsidies, which made the plans more affordable. About 24 million people are enrolled in ACA health insurance plans.

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