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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

1 posted on 07/24/2014 4:39:01 AM PDT by IBD editorial writer
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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)
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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)
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To: Diogenesis

yeah, it is shocking, ain’t it?


4 posted on 07/24/2014 4:49:11 AM PDT by C. Edmund Wright (www.FireKarlRove.com NOW)
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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)
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To: IBD editorial writer

Obama is fraud itself.


6 posted on 07/24/2014 4:59:22 AM PDT by all the best
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To: IBD editorial writer
ObamaCare Is Wide Open To Fraud: Audit
7 posted on 07/24/2014 5:32:18 AM PDT by opentalk
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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
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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.)
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To: dead

10 posted on 07/24/2014 5:48:21 AM PDT by dead (I've got my eye out for Mullah Omar.)
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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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