The open enrollment period for the Individual Marketplace in Hawaii has begun, allowing residents to review and compare health insurance plans on HealthCare.gov. The enrollment period, which runs until January 15, 2026, provides consumers with the opportunity to shop for and compare 34 medical and stand-alone dental plans. These plans cover a range of essential health benefits, including outpatient care, hospitalization, emergency services, and prescription drugs.
Insurance Commissioner Scott K. Saiki encourages consumers to take advantage of this period to compare plans and choose the one that best fits their individual needs. He also advises consumers to revisit their options if enhanced premium subsidies are extended. The average medical rate increase for 2026 is 11.6% in Hawaii, driven by rising medical and pharmacy costs, as well as growing utilization of high-cost therapies such as specialty drugs.
It is essential for consumers to enroll by December 15, 2025, to get a full year of coverage starting January 1, 2026. Those who already have a Health Insurance Marketplace individual plan should log in during open enrollment to stay informed about plan changes. The Insurance Division is available to provide more information on health insurance and can be contacted at 808-586-2790.
The expiration of enhanced premium subsidies may lead to a decrease in the individual marketplace risk pool, as younger and healthier consumers may be more likely to lapse coverage. Therefore, it is crucial for consumers to take advantage of the open enrollment period to secure coverage and explore their options. By visiting HealthCare.gov, consumers can calculate their estimated financial assistance and review plan options to make an informed decision about their health insurance coverage.