Report: Government May Be Paying Incorrect ACA Subsidies To Over One Million Americans. On its front page Saturday, the Washington Post (5/17, Goldstein, Somashekhar) cited internal documents and unnamed sources in a report that “the government may be paying incorrect subsidies to more than 1 million Americans for their health plans in the new federal insurance marketplace and has been unable so far to fix the errors.” There is no computer capability to reconcile stated incomes with verifiable pay information, so it must be done by hand and will probably start this summer. Some consumers also ran into “questions about their citizenship status.” The Post says that, overall, some three million people “have an application containing at least one kind of inconsistency,” and it notes that “members of the Obama Administration are sensitive because they promised congressional Republicans during budget negotiations last year that a thorough income-verification system would be in place.” Jessica Waltman, senior vice president for government affairs at the National Association of Health Underwriters, told I have this sick feeling that there are these people out there who have made unintentional errors, and in a few years will be subject to massive tax bills.”
Posted on: Mon, 19 May 2014 13:03:13 +0000
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