Open Enrollment 2026: What Rising Costs and Changing Tax Credits Mean for You
We’re just at the beginning of Open Enrollment for the individual marketplace (Affordable Care Act Marketplace), and this year brings more uncertainty than usual. Prices are rising, enhanced tax credits are set to expire, and many Americans are unsure how to navigate what’s next.
We know this year’s changes are confusing. We're here to help you make sense of them.
Below are some of the most common questions we’re hearing from members right now, along with guidance from our team.
1. Should I enroll now or wait and see what happens with the enhanced tax credits?
We can’t predict what Congress will do with the enhanced tax credits that are set to expire. However, waiting can be risky. If you miss the Open Enrollment window, you could lose access to coverage altogether.
If you enroll now and the government extends tax credits later, your premium will automatically adjust if you qualify for a subsidy. You can also re-shop for a different plan through Stride.
It’s a personal decision, but our advice: don’t delay. Secure coverage that fits your needs and budget today. We'll help you stay informed and make updates if things change.
2. Why are prices so high, and how does the loss of enhanced tax credits impact me?
Over the past few years, federal tax credits have helped millions of Americans lower their monthly health insurance premiums. These enhanced tax credits were temporary, and unless Congress renews them, they’ll shrink or disappear this year.
Here’s what that means in practice:
Many middle-income workers (individuals earning between roughly $35,000–$70,000 per year) may see some financial assistance but will also see a meaningful increase in their monthly premiums.
Lower-income individuals who qualify for traditional ACA tax credits under the original Affordable Care Act framework may still receive significant financial help.
Some households may no longer qualify for the same level of assistance if their income exceeds subsidy thresholds.
We know these changes are frustrating. That’s why Stride is here to help you explore all your options and find the best plan for your situation, whether that means a new marketplace plan or an alternative option.
3. Can I switch to a plan with a lower premium?
Yes. You can use Stride to shop for and compare different health plans in your area. Many people find more affordable options by switching carriers or choosing a different metal tier (for example, moving from Silver to Bronze).
If you decide to change plans, make sure to log in to your Stride account and cancel your current plan before enrolling in a new one.
4. What if the tax credits are extended later this year?
If the federal government extends the enhanced tax credits, you’ll automatically see changes reflected in your premium if you qualify for tax credits.
If that happens and you want to re-shop for a new plan, you can easily do that through Stride. Just remember to cancel your old plan before enrolling in a new one.
We know this can feel complicated, but we’ll communicate any updates as soon as they’re announced.
5. What are catastrophic plans, and should I consider one?
Catastrophic plans are designed for people under 30 or those who qualify for a hardship exemption. They offer low monthly premiums, but very high deductibles, meaning they’re meant to protect you from major medical expenses, not everyday healthcare costs.
For some members who are losing all tax credits and can no longer afford traditional marketplace plans, catastrophic coverage may be a temporary safety net.
Stride can help you understand if this option makes sense for you and what tradeoffs to expect.
The Bottom Line
Even with all the changes, one thing hasn’t changed: your need for health coverage.
Stride can help you find a plan that meets your needs and budget — even in an unpredictable year.
Need help exploring your options?
Visit stridehealth.com to compare plans, check your subsidy eligibility, and enroll in coverage before the deadline.