Skip to comments.Thousands to Be Questioned on Eligibility for Health Insurance Subsidies
Posted on 06/15/2014 9:47:33 PM PDT by shove_it
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...
(Excerpt) Read more at nytimes.com ...
It appears the Obamanoids gave everyone a subsidy in order to get the numbers they needed to get the Republicans off of their back. Now they’ve figured out they aren’t going to be able to pay for everyone to have healthcare paid for those who are paying the taxes. Morons.
>> two million reported personal information that differed from data in government records
In other words, income.
are you white? yes? no subsidy. no? okay subsidy.
By accepting a tax credit, low-income or lower-middle class families face significant tax ramifications and potential financial risk. Congress has changed the rules twice on consumers for the credits, making the income cliffs steeper, and fully equipping the IRS to claw back overpaid subsidies (unlike the individual mandate penalty).
The flip side of the tax credits is almost unknown to the general public.
Interesting Obamacare development.
This article just hit the conscious voter between the eyes.
Embarrassingly, the New York Times went from "thousands" in the headline, to "hundreds of thousands" in the body of the Article, to two million before the article concludes.
Baraq Hussein may be able to get away with such borderline insane inconsistencies in his confusion and confounding of opinions with facts, but a major National Newspaper practicing such blatant unprofessional irrelevancy, as "news," is astonishing.
Why mince words?
Call it what it is : FRAUD!
Being forced off my decent insurance plan due to ObamaCare regulations, I had to scout around for something new. Although, I’m off the exchange, I checked it out and noticed that income status made a significant difference in premiums, and income verification would at some point occur later. So, I guess many applicants decided it was worth cheating.
Btw, I couldn’t keep my doctor. And my premiums increased by 10% to $1400/month with higher deductibles. ObamaCare rules!
2 million audits from the IRS, lovely......epic disaster.
they need to make sure these people vote the right way come November..
Like these people are ever going to have to pay this money back.
The headline editor tossed cold water on the article. If the LIVs read the first two sentences, the message is clear.