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New Update: Healthcare Costs Increasing by Over 60% in Some States. Will you be impacted?

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Sinclair Broadcast Group Employees: Expect Rising Health Insurance Costs in 2026

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Healthcare Provider Update: Healthcare Provider for Sinclair Broadcast Group: Sinclair Broadcast Group employees typically have their healthcare needs covered by a network of providers that may include major insurers such as UnitedHealthcare, Anthem, and Cigna. These companies participate in employer-sponsored plans, facilitating access to a range of healthcare services for employees. Healthcare Cost Increases in 2026: As Sinclair Broadcast Group approaches 2026, employees should brace for significant increases in healthcare costs. Following trends in the broader market, premiums for Affordable Care Act (ACA) marketplace plans could rise dramatically, with some states projecting hikes exceeding 60%. The potential loss of enhanced federal premium subsidies coupled with rising medical costs poses a double threat, leading to estimates where many individuals may face a staggering 75% increase in out-of-pocket premiums. Consequently, Sinclair employees will need to navigate these changes carefully when selecting their healthcare plans for the upcoming year. Click here to learn more

'Rising health care costs underscore the importance for Sinclair Broadcast Group employees to regularly review their benefits and long-term financial strategy,' says Paul Bergeron, a representative of The Retirement Group, a division of Wealth Enhancement.

'With health care expenses climbing faster than wages, Sinclair Broadcast Group employees should proactively evaluate their coverage options to help protect their long-term financial well-being,' says Tyson Mavar, a representative of The Retirement Group, a division of Wealth Enhancement.

In this article, we will discuss:

  1. Why health insurance costs may rise in 2026.

  2. What changes could impact Affordable Care Act and employer plans.

  3. How to review your options during open enrollment.

Health insurance expenses may soon climb even higher for millions of households, including those of Sinclair Broadcast Group employees. Some people have even received advance notice of increases through 2026, adding to concerns that affordable insurance options are becoming more limited.

If you are one of the approximately 24 million Americans enrolled in an ACA marketplace plan, 1  be aware that significant shifts could occur soon. If enhanced ACA premium tax credits expire after 2025, the average family premium could rise 114%, jumping from $888 in 2025 to $1,904 in 2026. 1

Rising expenses are also impacting those covered through employer plans, including employees at Sinclair Broadcast Group. Surveys indicate that employer-sponsored health insurance costs are estimated to go up by 6% to 9% in 2026—the biggest increase in more than 15 years. 2  As companies continue shifting more of these expenses to workers, payroll deductions and out-of-pocket costs are on the rise. Health care cost growth is even outpacing wage growth, 3  adding pressure on family budgets.

Why Are Prices Increasing?

Many factors contribute to the upward trend, 3  including:

  • - A surge in medical visits delayed during the pandemic

  • - The growing number of older Americans requiring ongoing care

  • - Continued high incidence of chronic illnesses such as diabetes and heart disease

  • - Shortages and rising labor costs in the health care workforce

  • - Higher demand for services combined with fewer workers

  • Competitive differences across regions also influence costs—some markets have many insurance options, while others have only one or two participating carriers.

What to Do During Open Enrollment

  • Review your current health care usage. If you typically use fewer services, a high-deductible plan paired with a Health Savings Account might lower monthly premiums and offer certain tax advantages.

  • Plan ahead for anticipated medical needs. If you expect more care next year, a plan with higher monthly payments but lower deductibles may help spread costs more evenly.

  • Explore additional coverage options. Depending on eligibility, Medicaid, CHIP, or catastrophic plans may help if employer or marketplace premiums increase sharply.

  • Stay flexible while enrollment is open. You can modify your plan through the end of open enrollment if your situation or subsidy rules change.

The Bigger Picture

Health care decisions are playing a larger role in long-term planning for Sinclair Broadcast Group households. Rising medical costs can influence both current spending and future retirement readiness.

At The Retirement Group, we assist individuals in planning for health care costs both before and after retirement. To talk about available plan types and tax-advantaged options as open enrollment approaches, call (800) 900-5867.

Want Assistance Reviewing Your Options?

Health plan decisions affect more than just next year—they may also shape your future income expectations, especially if you’re planning to leave Sinclair Broadcast Group in the near future.

You don’t need to navigate this alone. Before open enrollment deadlines end, The Retirement Group can help you examine your health care strategy alongside your retirement plan.

Want Assistance Reviewing Your Options?

Health plan decisions affect more than just next year—they may also shape your future retirement income needs, especially for those leaving Sinclair Broadcast Group in the coming years.

You don’t need to sort through this alone. Before open enrollment deadlines end,  The Retirement Group  can help you assess your health care strategy and retirement plan.
Call  (800) 900-5867  to get started.

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Sources:

1. Lo, Justin, and Larry Levitt.  Early Indications of the Impact of the Enhanced Premium Tax Credit Expiration on 2026 Marketplace Premiums . Kaiser Family Foundation, Sept. 2025,  www.kff.org/affordable-care-act/aca-marketplace-premium-payments-would-more-than-double-on-average-next-year-if-enhanced-premium-tax-credits-expire .

2. Mercer Insights Team. “Employers Prepare for the Highest Health Benefit Cost Increase in 15 Years.”  Mercer , 3 Sept. 2025,  www.mercer.com/en-us/insights/us-health-news/employers-prepare-for-the-highest-health-benefit-cost-increase-in-15-years

3. “Why Are Healthcare Costs Rising?”  Marsh McLennan Agency , 5 Sept. 2025,  www.marshmma.com/us/insights/details/rising-health-care-costs.html .

4. “Five Key Changes to ACA Marketplaces Amid Uncertainty Over Premium Tax Credits.”  Center on Budget and Policy Priorities , 2025,  www.cbpp.org/research/health/five-key-changes-to-aca-marketplaces-amid-uncertainty-over-premium-tax-credit .

5. Health Care Workforce Shortages. NIHCM Foundation, 4 Mar. 2025, nihcm.org/newsletter/rising-healthcare-workforce-shortage.

What type of retirement savings plan does Sinclair Broadcast Group offer to its employees?

Sinclair Broadcast Group offers a 401(k) retirement savings plan to its employees.

Is there an employer match for contributions made to the 401(k) plan at Sinclair Broadcast Group?

Yes, Sinclair Broadcast Group provides an employer match for employee contributions to the 401(k) plan, subject to certain limits.

How can employees at Sinclair Broadcast Group enroll in the 401(k) plan?

Employees at Sinclair Broadcast Group can enroll in the 401(k) plan through the company's benefits portal or by contacting the HR department for assistance.

What is the eligibility requirement for employees to participate in Sinclair Broadcast Group's 401(k) plan?

Generally, employees at Sinclair Broadcast Group must be at least 21 years old and have completed a specified period of service to be eligible for the 401(k) plan.

Can employees at Sinclair Broadcast Group take loans against their 401(k) savings?

Yes, Sinclair Broadcast Group allows employees to take loans against their 401(k) savings, subject to the plan's rules and limits.

What investment options are available in the Sinclair Broadcast Group 401(k) plan?

The Sinclair Broadcast Group 401(k) plan typically offers a range of investment options, including mutual funds, target-date funds, and possibly company stock.

How often can employees at Sinclair Broadcast Group change their 401(k) contribution amounts?

Employees at Sinclair Broadcast Group can typically change their 401(k) contribution amounts on a quarterly basis or as specified by the plan.

What is the vesting schedule for employer contributions in the Sinclair Broadcast Group 401(k) plan?

The vesting schedule for employer contributions in the Sinclair Broadcast Group 401(k) plan may vary, but it usually follows a graded or cliff vesting schedule.

Are there any fees associated with the Sinclair Broadcast Group 401(k) plan?

Yes, there may be administrative and investment fees associated with the Sinclair Broadcast Group 401(k) plan, which are disclosed in the plan documents.

How can employees at Sinclair Broadcast Group access their 401(k) account information?

Employees at Sinclair Broadcast Group can access their 401(k) account information through the online benefits portal or by contacting the plan administrator.

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For more information you can reach the plan administrator for Sinclair Broadcast Group at , ; or by calling them at .

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