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Dentist's office in rural Nebraska. Photo: Universal Images Group via Getty Images

Two more states have released proposed rates for the next year of Affordable Care Act coverage and, no surprise, they’re all pretty steep.

The details: Insurers in Washington state’s individual market are seeking a 19% increase, on average, the state said yesterday. Specific insurers’ hikes range from less than 1% up to nearly 30%. In New York, the average proposed increase is 24%.

Key caveats:

  • These are proposed rates — the final increases could be different.
  • We all want to see an average, to get a handle on the overall situation, but mileage will vary considerably from one insurer to the next. The increases they’re seeking for next year depend in part on how much they raised their rates this year (some, for example, had already accounted for the possibility of losing the individual mandate).
  • Consumers’ actual premium costs will depend on their age, where they live, whether they smoke, and whether they get financial help from the government.

Yes, but: The trendline here is real. New York regulators attributed about half the proposed increase in average premiums to the loss of the individual mandate, and insurers have been clear that regulatory moves from the Trump administration are also making them nervous.

Go deeper

Dion Rabouin, author of Markets
31 mins ago - Economy & Business

Biden's inflation danger

Illustration: Sarah Grillo/Axios

President-elect Joe Biden's $1.9 trillion stimulus proposal has economists and bullish market analysts revising their U.S. growth expectations higher, predicting a reflation of the economy in 2021 and possibly more booming returns for risk assets.

Yes, but: Others are warning that what's expected to be reflation could actually show up as inflation, a much less welcome phenomenon.

Ina Fried, author of Login
2 hours ago - Technology

CES was largely irrelevant this year

Illustration: Sarah Grillo/Axios

Forced online by the pandemic and overshadowed by the attack on the Capitol, the 2021 edition of CES was mostly an afterthought as media's attention focused elsewhere.

Why it matters: The consumer electronics trade show is the cornerstone event for the Consumer Technology Association and Las Vegas has been the traditional early-January gathering place for the tech industry.

The FBI is tracing a digital trail to Capitol rioters

Illustration: Sarah Grillo

Capitol rioters, eager to share proof of their efforts with other extremists online, have so far left a digital footprint of at least 140,000 images that is making it easier for federal law enforcement officials to capture and arrest them.

The big picture: Law enforcement's use of digital tracing isn't new, and has long been at the center of fierce battles over privacy and civil liberties. The Capitol siege is opening a fresh front in that debate.