The House Republicans, under Representative Paul Ryan's leadership, are attempting to quickly push their bill, the American Health Care Act, through committees and Congress to repeal and replace the Affordable Care Act.
That said, premiums for a given plan wouldn't go up for every customer.
After examining the plan, the Congressional Budget Office found that 14 million Americans will lose their insurance by 2018, and that number will go up to 24 million by 2016.
Adler and Fielder estimate that premiums for plans that cover 70% of healthcare costs (known as "silver plans" under Obamacare) would tend to fall a little bit under the AHCA for customers under age 39, because of the relaxed restrictions on age rating.
INDIVIDUAL MARKET: Where people who do not have health coverage through the government or their employer purchase a plan directly from an insurer.
Tax credits to help buy coverage would be less than current subsidies, also why fewer people would be covered. But it is important to note that higher costs would stem from the elimination of the Affordable Care Act's surtaxes on the wealthy.
Right now, insurance companies are allowed to charge people over three times what other people have to pay. The elimination of the tax penalty on large employers who don't offer health benefits is not the only reverse-Robin-Hood aspect of the proposed plan.
In short, this bill introduces unnecessary disarray, not only in the individual insurance market, but with Medicaid and Medicare.
We've been struck by how the healthcare plan would affect Floridians in an outsized way.
Hernández said he "would have been happy to work on a bipartisan effort to address the rising cost of insurance and limiting out-of-pocket expenses, but that isn't what this plan is about".
But - starting in 2020, the increase in average premiums would be more than offset by other factors, including a "younger mix of enrollees".
Gov. Chris Christie declared opioid drug abuse a public health crisis and also pledged to spend the rest of his term combating heroin addiction in New Jersey.
That cap was meant to ensure that government funds are separate from money that goes toward executive compensation, John Trentacoste, a managing director at consulting firm Farient Advisors, told Bloomberg. Therefore, I'm very concerned about the AHCA.
The hardest hit would be those who are older and with the lowest incomes, a considerable demographic in Florida, said David Bruns, an AARP spokesman.
"Anything that would reduce Medicaid and cause people to lose their insurance is harmful to patients and communities", Fiorini said.
This bill is a huge step in the wrong direction, providing tax breaks for the most wealthy while eliminating access to coverage for the middle-class working families.