House Speaker
Paul Ryan, R-Wis., and other congressional Republicans have said they intend for a transition period between votes to repeal Obamacare and implementation of a replacement plan, a period that would maintain current levels of coverage for people who have benefited from the ACA.
But the American Academy of Actuaries, whose members help set the prices for Obamacare health plans,
warned earlier this month that if the creation and adoption of the plan is delayed, it could wreak havoc on the individual health insurance plan market, where more than 12 million people have coverage.
The academy, in a letter to Ryan, said that insurers could flee the individual market because of uncertainty over its long-term prospects, and that premium rates could soar to unaffordable levels for many customers.