News
ACA Subsidies May Be Wrong
Posted 05.19.14
No internal system to verify income in federal marketplace
The lead story in the May 19, 2014 NAHU Newswire is a story that ran on the front page of the Washington Post Saturday. Unnamed sources cite: “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.” A manual process for income verification may start this summer. The Obama administration promised congressional Republicans that a thorough income verification system would be in place.