One of the big fears about Obamacare has been that insurers will charge exorbitant prices for plans sold on state exchanges, meaning the law would have the opposite effect of its goal to make health care more affordable. But that's not happening in California. The state released the prices for plans sold on Covered California, the state's exchange, and they're much cheaper than expected, The New Republic's Jonathan Cohn and The Washington Post's Sarah Kliff explain. And that's a big deal, because California is the most populous state. Here's a breakdown:

Read more here: Obamacare's Not-So-Scary New Math