Plan Year 2026 Updates

What You Need to Know for Plan Year 2026

Changes are coming that may affect how much you pay for health insurance through Virginia’s Insurance Marketplace, starting in 2026.* These changes mean that some enrollees may see higher monthly premiums beginning next year. All plans offered on the Marketplace will still be high quality and offer comprehensive coverage.

We are here to help you! To help you navigate these changes, you’ll have more time to enroll this year, thanks to an extended Open Enrollment Period, running from November 1, 2025, to January 30, 2026. Our Consumer Assistance Center will also be available to answer questions and can be reached at 888-687-1501.

*2025 plans and prices will not change. These updates apply to plans starting January 1, 2026.

Why Costs May Go Up

Several changes could affect your premium:

Expiration of enhanced tax credits

Since 2021, extra financial help has been available through enhanced tax credits — but this additional support is set to expire on December 31, 2025, unless Congress extends it.

Other factors that could affect costs

Even if tax credits continue, other things could change what you pay. Be aware of these potential developments that might affect you: 

  • A change in your income, family size, or tax filing status
  • A new insurer entering your region
  • Not filing and reconciling your federal taxes if you received tax credits
  • Missing paperwork deadlines

Some financial help will still be available in 2026, but fewer people may qualify, and savings might be smaller. Our network of certified agents and navigators will be able to assist you in finding a health plan that fits your budget and your needs. You can find free support from a local agent or navigator below.

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A Longer Open Enrollment Window

For the 2026 plan year, Open Enrollment will last from November 1, 2025, through January 30, 2026, giving you a full three months to review and select a plan. This is your opportunity to enroll or switch plans. If you miss Open Enrollment, you may be locked into your current plan or may need to go without coverage.

What You’ll Need to Enroll

Before signing up for a 2026 health plan, gather these documents for each adult you want to cover:

  • Photo ID
  • Social Security number
  • Most recent tax return
  • Pay stubs from the past four weeks
  • Immigration documents (if applicable)

Don’t miss out: Set a reminder now and start comparing 2026 health plans as soon as they’re available around October 1.

What You Can Do Now

Here’s how to stay on top of the 2026 changes:

  • Update your Marketplace account: Report any life changes right away. Make sure your contact details, income level, and tax filing information are current and documented.
  • Pay any outstanding premium balances: Make sure you are up to date on your premium payments.
  • Watch your inbox: Updates and renewal letters start in September.
  • Mark your calendar: Open Enrollment is November 1 – January 30.

What the Marketplace is Doing for You

Virginia’s Insurance Marketplace is committed to helping you through these changes. We’re here to ensure that you continue to have access to affordable, high-quality health insurance.

Need help?

Whether you’re renewing a plan or enrolling for the first time, Virginia’s Insurance Marketplace is your trusted resource for coverage, cost savings, and support. 

Visit our Help Center or call 888-687-1501 to connect with a certified assister for one-on-one support.