Affordable Care Act Rates To Rise Steeply—Again - WSJ

Premiums set to rise by 13% next year, KFF analysis shows, in second straight year of double-digit hikes

The headline says it all. Premiums have only gone up since ACA passage and it still requires massive subsidies to keep it going.

Healthy people are leaving, especially without the plused-up COVID-era subsidies, but law and markets don’t function on assumptions and projections. They are incentive-driven and getting mugged by reality doesn’t excuse weak fundamentals. The distortions are so embedded we can’t even see what normal is anymore.