A report released by the House Committee on Energy and Commerce has depressing news for young Americans hoping to aquire health care.
The report concluded that young Americans could see their health costs increase as much as 203 percent.
"Recent college graduates with entry-level jobs who are struggling to pay off student loan debt could see their premiums increase on average between 145 and 189 percent. Some studies estimate young adults could experience premium increases as high as 203 percent. Any increase, let alone tripling current costs, could break the bank for young adults who have just started out on their own."
The current average payment for health care premiums among young Americans is $648, but will increase to $1,872 under the Obamacare legislation. The graph below breaks down the average increases in healthcare premiums for young Americans in major cities:
