Saturday, August 01, 2015

Paying More and Enjoying it Less

If you like your plan ......... If you like your doctor ........... We will reduce premiums by $2500 .........

Not only are legal Americans paying more for their health insurance AND health care while enjoying it less, some have figured out how to get money without buying coverage.
The IRS fined more than 7.5 million Americans who didn’t have health insurance in 2014, even as Obamacare subsidies flowed to people who didn’t even exist. - Watchdog
Presumably these non-existent subsidy recipients were people who also voted in the last two presidential elections.
But an investigation by the Government Accountability Office recently revealed that fake applicants who enrolled in health insurance programs through the federal exchange were receiving subsidies. Those phony applicants had initially enrolled during 2014, but they were automatically re-enrolled and continued to benefit from tax subsidies in 2015, the GAO said.
The GAO was successful in 11 of 12 attempts to register fictitious people with the federal health insurance exchange. In seven of those cases, the fake applications were missing vital pieces of information, which should have raised red flags during the approval process.
This is a feature, not a bug.
Any real person who knowingly falsified information on a application could face the prospect of a $250,000 fine.
How much is the fine for a fake person?
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