The Urban Institute released a report last week that shows health insurance premiums increased by 3.4% across the US in 2022, which was a change in direction from the small decreases in premium price registered over the previous few years.

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While much of this increase can be fairly attributed to both economic and inflationary growth, not all parts of the country experienced the same premium dynamics, of course. For example, the number of insurers operating in a given market had a strong impact on premium price, with markets that have only one provider option seeing premium levels that are on average $128 more expensive than markets with 4 or 5 operators. 

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The participation of a Medicaid insurer in a given market also had the effect of applying downward pressure on premium prices, as well.

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You can find that report here.