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And what happens when people are covered in these risk pools and we've set aside $130 billion to help states do it, then they're taken care of and everyone else's premiums can come down. >> obviously, i remember with obama care, right, premiums would come down. we all know they didn't. they went up an average of 24 mischaracterize. this is something that caused the democrats to lose the house and senate. they were quick to warn you and your colleagues that your votes could cost you your seat. the house leader nancy pelosi went to the house floor and here's what she said. >> you have every prov...

>> very quickly, before i let you go, i'll ask you the same question i asked chris collins, the language of the actual bill only came out in the past 24 hours or so. did you sit down and read the language of the bill before you voted today? >> no. of course i had to have staff do that. and that's another part, again, they rushed the bill through and, by the way, you just reminded me. this whole thing about the risk pools. they drop $8 billion to take care of people who may be high risk with cancer and other diseases and autism and their premiums are going to go up very, very high. there are a ...

Process. but all things considered from the republicans it is better to have won this victory than to have lost. >> it seems likely if you are young and healthy your premiums and deductibles are likely to go down. but if you are not, then there's only a debate about how big a problem you have really, how effective -- if you're really unhealthy, if you have a preexisting condition, how effective these risk pools will be, whether there's anywhere near enough money, which most of the experts suggest not. and even if you're not in that preexisting condition situation, a plan that was deemed to be ...

More ahead. first, details on the house republican plan and how it can affect you. under the bill, older americans might have to pay more. the current law allows insurers to charge up to three times as more as younger customers but older americans might be charged five times as much. states could get waivers to make that number higher. it keeps a provision of obama which covers people with pre-existing conditions. states could have waivers to charge hire er premiums to though patients as long as those states can prove they have high risk pools. yesterday republican leaders in the house said th...

Promises to constituents about pre-existing conditions and keeping this plan affordable. >> right. >> some say that this plan goes back on those promises. what can you say to voters in your district? >> worry protecting people with pre-existing conditions. those conditions continue to be protected. to add another layer of safety net we add another $8 billion. this would only apply in states that seek a waiver and get it. they have to have a risk pool behind anything they do. we have this guarantee in place that they will be covered. if you have continuous health insurance coverage, you are fin...