The American Healthcare Act fails to address the rising cost of healthcare and simply shifts the financial burden from federal to state governments. More importantly, it will result in millions of people losing coverage. By removing the individual mandate, this legislation will have a destabilizing effect on the Marketplace and increase premiums significantly. Additionally, replacing subsidies with less generous tax credits and eliminating Cost Sharing Reductions (discounts that lower the amount consumers have to pay for deductibles) will drive up the cost for consumers. The bill not only impacts the individual Marketplace, but will also result in dramatic cuts to the Medicaid program, which is the most effective way to provide health coverage for low-income Americans.