Time to start preparing to budget more for your health insurance premiums next year if you don’t receive coverage through your employer. 

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.  

Coordinated Care Corporation, which insures nearly 98,000 Washingtonians, requested the largest increase at 27.4%.  

Providence Health Plan, which is offered through the Renton-based nonprofit that operates many hospitals across the state, will largely exit the market entirely. 

“I know the requested rate changes will be difficult for individuals and families,” said Insurance Commissioner Patty Kuderer in a statement. “We’re going to spend the next several months reviewing every assumption made by the insurers to make sure their requests are justified.” 

More than 281,000 people do not receive health insurance through a job and must rely on plans made available through the state’s individual market, created as part of the Affordable Care Act, or ACA.  

Most are participating in plans only available for households that are at or below 250% of the federal poverty level. 

Insurers based requested rate changes on projections on the cost of services they expectpolicyholders to use.  

Here are the rate increases sought by each insurer: 

• Asuris Northwest Health: 14.9% 
• BridgeSpan Health Company: 12.7% 
• Community Health Plan of Washington: 24.5% 
• Coordinated Care Corporation: 27.8% 
• Kaiser Foundation Health Plan of the Northwest: 9.5% 
• Kaiser Foundation Health Plan of Washington: 14% 
• LifeWise Health Plan of Washington: 21.3% 
• Molina Healthcare of Washington, Inc.: 25.8% 
• Premera Blue Cross: 24% 
• Regence BlueShield: 8.6% 
• Regence Blue Cross Blue Shield of Oregon: 17.4% 
• UnitedHealthcare of Oregon, Inc.: 26.4% 
• Wellpoint Washington, Inc.: 13.7% 

Providence’s exit from Washington’s individual market will impact a couple hundred individuals but is part of its overall plan to largely stop providing all insurance coverage beginning next year, including its employer plans.  

It currently has about 400,000 policyholders across the West. 

“Our promise to know, care for and ease the way of those we serve has guided Providence Health Plan’s work for more than 40 years,” the company said in a statement. “That commitment does not change. Our focus throughout this transition will be on continuing to serve members and partners with the same care and dedication they have always known from us.”