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Thousands to Be Questioned on Eligibility for Health Insurance Subsidies

j-mac

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WASHINGTON — The Obama administration is contacting hundreds of thousands of people with subsidized health insurance to resolve questions about their eligibility, as consumer advocates express concern that many will be required to repay some or all of the subsidies.Of the eight million people who signed up for private health plans through insurance exchanges under the new health care law, two million reported personal information that differed from data in government records, according to federal officials and Serco, the company hired to resolve such inconsistencies.
The government is asking consumers for additional documents to verify their income, citizenship, immigration status and Social Security numbers, as well as any health coverage that they may have from employers. People who do not provide the information risk losing their subsidized coverage and may have to repay subsidies next April.
Continue reading the main story[h=2][/h]
Federal subsidies for the purchase of private insurance are a cornerstone of the Affordable Care Act. More than eight out of 10 people who selected health plans through the exchanges from October through mid-April were eligible for subsidies, including income tax credits. So far this year the federal government has paid out $4.7 billion in subsidies, and the amount is expected to total $900 billion over 10 years.
Since June 1, the government has notified hundreds of thousands of people that “the information in your application doesn’t match what we found in other records.” Accordingly, the notice says, “you need to follow up as soon as possible and provide more documents to make sure the marketplace has the correct information.”
“If you don’t send the needed documents,” it says, “you risk losing your marketplace coverage or help you may be receiving to pay for such coverage.”

http://www.nytimes.com/2014/06/16/u...lity-for-health-insurance-subsidies.html?_r=0

Another day in the age of Obama, another failure....meh....:doh
 
Another day in the age of Obama, another failure....meh....:doh

The failure was legally allowing first paying the applicant's subsidies and then checking the "facts" concerning their eligibility. It is simply insane to issue about 6 million individual checks on the taxpayers' account and then deciding to see which were really eligible to get those payments. I would bet that no real attempt to get all of that toothpaste back into the tube will occur with King Barack in charge. This is yet other case of "mistakes were made but without any person being actually held responsible for making them" - the essence of this administration's leadership style.
 
Another day in the age of Obama, another failure....meh....:doh

The headline says it all - 2 million "questionable" subsidies were found but only thousands are expected to be "caught" and corrected. Perhaps this will be treated just like lying on form 4473 - a felony that is very, very rarely prosecuted.
 
Another day in the age of Obama, another failure....meh....:doh

In the right or in the wrong.. the subsidy recipients will be facing the new face of the IRS... Richard Boone ... as they (IRS) swoop in and grab bank accounts and anything else that can be had.


Then watch the backlash:



This is going to be interesting....

Pass the bill so you can read what's in it !!! Yeah, how's that workin' for ya' America?

wow, just wow ..

Thom Paine
 
In the right or in the wrong.. the subsidy recipients will be facing the new face of the IRS... Richard Boone ... as they (IRS) swoop in and grab bank accounts and anything else that can be had.


Then watch the backlash:



This is going to be interesting....

Pass the bill so you can read what's in it !!! Yeah, how's that workin' for ya' America?

wow, just wow ..

Thom Paine

Actually that won't happen as, at present, there is no mechanism to collect on this issue beyond the levy of future tax refunds.
 
Actually that won't happen as, at present, there is no mechanism to collect on this issue beyond the levy of future tax refunds.

Good to know for those legit situations.... the entire aca is such a C-F.....

Thanks for the correction Luther

Thom Paine

Edit: several decades ago the IRS nailed me hard for a mistake of their own creation... go figure
 
If we can trust people to vote without proof, why should they need proof for a healthcare subsidy? Americans are honest and decent people--except the ones who aren't.
 
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