Another reason why I am against Obama Care.... GAO Finds It Easy to Fake Applications for Health Insurance Premium Tax Credits Undercover investigators working with the Government Accountability Office found it was easy to falsify information when applying for Premium Tax Credits to help pay for health insurance. As part of a “secret shopper” investigation, the GAO said in a preliminary report that it created 18 fictitious identities to apply for premium subsidies through the federal health insurance exchange by telephone, online at HealthCare.gov and in-person. With only one exception, the GAO investigators were able to get Premium Tax Credits and health insurance with fake information through telephone and online applications, according to a preliminary report requested by Republicans on the House Ways and Means Oversight Subcommittee, which held a hearing on the matter Wednesday (see Congress Probes Legitimacy of ACA Premium Tax Credits). Out of the 12 applications with false information for the federal exchanges, 11 were approved, Republicans on the committee noted. The total amount of credits was $2,500 per month or $30,000 per year and is currently being paid out for insurance policies for these fictitious individuals.
Posted on: Thu, 24 Jul 2014 18:06:17 +0000
Recently Viewed Topics
© 2015