Monday, July 01, 2013

Obamacare Gold Mine

Obamacare subsidies are a gold mine for those who know how to game the system and you can bet there are plenty of folks who are experts.   

Many "special ed" children live in foster homes. The foster parents receive monthly stipends for each child in addition to SSI. Often the parents qualify for other forms of government assistance including Medicaid, SCHIP and EIC.

Each program has guidelines and forms that must be completed. Many times the parents only sign the forms. Someone else, someone they paid to help in filling in the blanks, entered the answers. These "assistants" will charge $400 or more and guarantee you will get the maximum allowed for your situation.

Often these assistants work in the school or a welfare agency. In addition to their salary they have a sideline business completing forms. Some will make $30,000 - $40,000 or more in their sideline business.

All cash.

They complete the forms but never sign or file them. Once the form is done you pay for the completed work then it is your responsibility to file the form.

If there is ever an issue it is your responsibility to deal with the blow back.

Obamacare subsidies are just another government gold mine.

If you doubt this, consider how the federal government paid out an estimated $500 million in fraudulent Katrina claims to roughly 134,000 people who were ineligible.

Many did not own homes or live anywhere near the affected area.

This is not an isolated event.

A recent investigation by the Inspector General revealed the IRS paid over $46 million in tax refunds to 24,000 illegal aliens living at the same address.
The IRS sent 11,284 refunds worth a combined $2,164,976 to unauthorized alien workers at a second Atlanta address; 3,608 worth $2,691,448 to a third; and 2,386 worth $1,232,943 to a fourth.
How incompetent do you need to be to blow this much money in a short amount of time?

Any time there is a new government give away there are folks ready, willing and able to take advantage of the ineptitude of the federal government pig trough.

Obamacare and the subsidies are no different.

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