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And we've got a report from the house committee on energy and come on com us it says health care premiums for young people could triple over the next yeah.
City -- -- brought -- this story and she joins us now.
-- spell this out fluently because that sounds incredible to me.
Obama Cara rise full force -- idea and you're telling me that -- if you want health insurance for young person the premium will triple.
Right and still wondering why we keep calling this the Affordable Care Act the fact of the matter is that we've known for a while they young people are going to see an increase in their health care premiums previous studies have shown that.
-- -- an increase of 45%.
But this new report shows that in fact young people look.
Rather see an increase of 145%.
Warrant to put this into perspective.
Let's take Obama is that hometown of Chicago young people on average paid 756.
Dollars for their premiums right now they're gonna see this skyrocket to about 2300.
Dollars and I don't know what average young person -- say they can afford to pay 600 dollars more on the amount at a giant they're not gonna pay exceeded that they can decide 2000 -- I'm not paying that I can't afford it right -- -- -- -- -- yet that's exactly.
This is gonna incentivize them to -- the 695.
Dollar fine rather than paying 16100 dollars more on their health insurance.
But the reason why we're seeing this increase is because under the obamacare legislation.
Young people are mandated.
To pay -- more on their health care premiums to subsidize the that health care premiums of older people.
Either nearing retirement are people who are already and retirement to bring -- Bayer healthcare premiums down to.
Kind of eagle -- is the health care premiums about younger Americans an older Americans.
Well you sell out our attention -- tripling in the premium is that -- everybody.
I think on yeah.
Exactly why -- we kinda see Affordable Care Act -- is it affordable for I don't see how any average middle class family.
Or an average Yonkers is going to be able to afford 16100 dollars more especially.
In this economy -- guy I got to go but to see you that's a very interesting -- thanks to bring it to as we appreciate thanks for having me get used.