The Obama administration is contacting hundreds of thousands of people with subsidized health insurance to resolve questions about their eligibility, as consumer advocates express concern that many will be required to repay some or all of the subsidies.
Of the eight million people who signed up for private health plans through insurance exchanges under the new health care law, two million reported personal information that differed from data in government records, according to federal officials and Serco, the company hired to resolve such inconsistencies.
The government is asking consumers for additional documents to verify their income, citizenship, immigration status and Social Security numbers, as well as any health coverage that they may have from employers. People who do not provide the information risk losing their subsidized coverage and may have to repay subsidies next April….
Remember last year when the Obama administration said that it would allow “Exchanges with temporarily expanded discretion to accept an attestation of projected annual household income without further verification.”
Well they lied pretty much like they did when they said repeatedly “if you like your doctor, you can keep your doctor” and now Massa Obama is calling in his chips.
Get ready to verify the financial information reported last year and/or refund the subsidies including penalties and interest.
The snake oil salesman did it again. Obama giveth and Obama taketh away.
Bet you didn’t see that coming. H/t Downtrend.