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ObamaCare Is Wide Open To Fraud: Audit
Investor's Business Daily ^
| 07/23/2014
| IBD Staff
Posted on 07/24/2014 4:39:01 AM PDT by IBD editorial writer
Health Reform: An undercover operation disclosed on Wednesday shows just how easy it is to defraud ObamaCare. This is your health care on government.
To test administration claims that it had strict controls in place to verify eligibility and subsidy amounts for ObamaCare applicants, the Government Accountability Office sent a dozen people out to try enrolling with made-up identities.
All but one of the 12 succeeded in enrolling in a subsidized ObamaCare plan. [snip]
The scale of the problem is potentially massive. According to the GAO, 4.3 million ObamaCare applications have known "inconsistencies" most of which involve questions about citizenship or income. Only 650,000 of these or 15% have been cleared.
(Excerpt) Read more at news.investors.com ...
TOPICS: Business/Economy; Editorial; Government; News/Current Events
KEYWORDS: fraud; healthcare; obama; obamacare
To: IBD editorial writer
Designed by felons, run by illegals,
made for wealth redistribution and
to murdere Americans,
and without REAL WORKING DOCS in charge.
What could go wrong?
2
posted on
07/24/2014 4:41:41 AM PDT
by
Diogenesis
(The EXEMPT Congress is complicit in the absence of impeachment)
To: Diogenesis
So far, it apparently hasn’t mattered. The effort required to actually sign up, pay a premium month after month, and wait a year for the subsidy is more trouble than the average gibmedat will put up with
3
posted on
07/24/2014 4:48:58 AM PDT
by
bert
((K.E.; N.P.; GOPc.;+12 ..... Obama is public enemy #1)
To: Diogenesis
yeah, it is shocking, ain’t it?
Year Long FReepathons!
Sound Good?
No?
Click The Pic To Donate
DONATE
5
posted on
07/24/2014 4:55:00 AM PDT
by
DJ MacWoW
(The Fed Gov is not one ring to rule them all)
To: IBD editorial writer
To: IBD editorial writer
ObamaCare Is Wide Open To Fraud: Audit
7
posted on
07/24/2014 5:32:18 AM PDT
by
opentalk
To: all the best
Look how HHS funds/resources are being spent on what appears orchestrated illegal care, same with ICE, border security...all diverted to care for wave of illegals. State and community resources will also be forces to do the same
8
posted on
07/24/2014 5:40:08 AM PDT
by
opentalk
To: bert
The effort required to actually sign up, pay a premium month after month, and wait a year for the subsidy is more trouble than the average gibmedat will put up with It's not the individual fraud that is really worrying, its the organized fraud.
I'm sure the Russian, Chinese, Ukrainian and the old fashioned Italian mobs are all backing up trucks to haul their cash away. Drug gangs are organized, al Qaeda, Nigerian scammers.
We left the door to the treasury wide open with this one.
9
posted on
07/24/2014 5:44:42 AM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: dead
- 92% of investigators attempting to enroll with fraudulent information were successful.
- the HHS contractor hired to verify applicant information "is not in a position to know if fraud is being attempted"
- $67 million has been spent on federal "navigator" grants but five of the six undercover agents couldn't find anyone who would help them.
- They can't verify that its subsidy payments to insurers go only for those enrolled, inviting insurers to inflate their enrollment numbers.
10
posted on
07/24/2014 5:48:21 AM PDT
by
dead
(I've got my eye out for Mullah Omar.)
To: Diogenesis
11
posted on
07/24/2014 7:39:45 AM PDT
by
4Liberty
(Obama is O'Bryan. http://www.youtube.com/watch?v=aUoPNpa9Rrw)
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