Megan McArdle, Columnist

Soaring Premiums Mean Soaring Risks for Obamacare

Anyone healthy is going to think twice before paying premiums that are up, say, 70 percent. So the exchanges will be left with the very ill.
Photographer: Patrick T. Fallon/Bloomberg

Buying insurance on the Obamacare exchanges? Prepare to see your bill rise by about a third.

A new report from the consulting firm Avalere predicts large rate hikes for the mid-priced “Silver” plans that form the backbone of the exchanges, with somewhat smaller increases in the cost of “Bronze” and “Gold” plans.