The Corner

Obamacare Train Wreck Continues to Crash

Apparently the Feds have quietly announced that Obamacare will now involve much self-reporting on obtaining coverage and subsides! From the Washington Post story:

The Obama administration announced Friday that it would significantly scale back the health law’s requirements that new insurance marketplaces verify consumers’ income and health insurance status. Instead, the federal government will rely more heavily on consumers’ self-reported information until 2015, when it plans to have stronger verification systems in place.

It sounds like an opening for fraudulently obtaining subsidies:

The rule also scaled back states’ responsibilities to double-check the income levels that consumers report, which determine any tax subsidy they receive. While initial regulations had proposed an audit of each consumer who reported an income significantly lower than what federal records indicated, the final rule scaled that back to an audit of a statistically significant sample of such cases. For individuals who are not part of that sample, “the Exchange may accept the attestation of projected annual household income without further verification,” it said.

Train wreck alert!



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