Average Obamacare insurance rates really are going up by 22 percent.
Most people who buy Obamacare plans won’t feel the full brunt of these prices — or price increases. More than 80 percent of Obamacare marketplace customers get a form of federal subsidy that is tied to their income. Because of the complexities of the subsidy formula, many people in these markets may even see their share of the premiums go down. But people paying the full price of premiums will feel the sting of these increases, and millions of subsidized people will need to at least switch health plans to keep their premium from going up.