JACKSONVILLE, Fla. -

While the change allows insurance companies to renew plans that would be canceled by the Affordable Care Act – it also puts more pressure on insurers.

Insurance companies have to notify customers of the protections not included in their plan. They also have to promote other options on the health care exchange and they have to explain tax credits available for many people.

The early reviews range from "He did the right thing" to accusing President Obama of "destabilizing the health insurance market."

Channel 4 found people on opposite ends of the spectrum Thursday night.

"I think the president did the right thing," said Senator Bill Nelson (FL-D).

Lawmakers like U.S. Senator Bill Nelson began discussing and debating the President's apology and announcement on Thursday. Nelson said allowing companies to renew existing plans fixes the problem.

"The idea certainly wasn't if they had insurance they were satisfied with, that they wouldn't be able to keep that. That's what the President said, and re-affirmed today," said Nelson.

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Bob Horne is a financial planner in Jacksonville and is also trained and certified as a health care exchange navigator. Horne told Channel 4 that he's navigating his own tough path, because he has individual insurance plan. His will be cancelled, whether it happens this year or next.

The comparison between Horne's current policy at about $600 a month, and a similar policy on the exchange, nearly doubles his premium.

"Comparable plan next year is going to cost me a little over $1,100. I don't qualify for a subsidy, so I'm literally going from a car payment to a mortgage payment," said Horne.

Horne advises clients on the nuances of health care reform and he told Channel 4 that most companies he deals with are continuing their policies through next year.

"Majority of plans I'm seeing right now, you're able to keep plans through end of 2014," said Horne. "Majority I'm seeing now won't qualify under the ACA guidelines and they'll be cancelled! You won't be able to keep those plans. Period."

Companies selling policies could be in a bind

President Obama announces a change in policy and the companies selling the policies could be in a bind because of it.

Aetna is one of the major insurance companies in the Jacksonville area and throughout the entire nation, companies like Aetna will have to choose quickly to reinstate plans that the new health care law deem unsuitable.

"As you probably know, insurance costs, it's difficult for them to do those kinds of things in a fast turnaround," said attorney Laura Andrew.

Andrew told Channel 4 that her expertise working with health care law, leads her to believe that the President's announcement about extending canceled plans one more year, merely shifts the blame to insurance companies and insurance commissioners.

On Capitol Hill, the companies are already getting defended and getting blasted for canceling policies.

"They have been sent by fat cat insurance companies who are sending cancellation letters. Here we go again the scale of justice imbalanced," said Rep. Sheila Jackson Lee (D-TX).