Health Insurance

Growing pains for Obamacare — and its customers

Growing pains for Obamacare — and its customers

Starting next week, many Americans who buy individual health insurance policies will see big increases in premiums — 25% on average for those who shop at the federally operated exchanges established by the 2010 Affordable Care Act. That's particularly bad news for those whose incomes aren't low enough to qualify for large premium subsidies.

The price hikes have renewed calls by Republicans to repeal the law, better known as Obamacare. And there’s no denying that the increases are going to be painful for many working-class Americans who don’t get coverage through their employers.

One key driver of the premium hikes is the disproportionately high cost of...