If you knew there was a way to prevent losing $250 billion, would you do it? That’s an important question for President Obama and his administration as the implementation of ObamaCare dangerously approaches.
The issue at hand can be found in the 600 pages of ObamaCare regulations that the Department of Health and Human Services released on July 5th, 2013. Included in this mountain of red tape was an announcement that the government would no longer verify that each applicant for the exchange subsidies actually qualifies for the assistance. Alternatively, the Administration would rely on “self-attestation” and sample audits.
If this sounds like a recipe for fraud to you, you wouldn’t be alone. Not verifying eligibility could likely equate to approximately $250 billion in fraudulent payments through ObamaCare subsidies. I am alarmed by this not just because of the potential fraud to taxpayers, but because Illinois, the President’s home state and mine, is a prime example of why self-verification, which has been tried here in Illinois with Medicaid, is a costly mistake ripe for fraud and abuse. An independent vendor reviewed the eligibility of more than 227,000 individuals, of which nearly 110,000 individuals were found to be ineligible- a nearly 50% error rate!
To ensure ObamaCare can’t defraud hardworking taxpayers, the House will vote Thursday on the No Subsidies Without Verification Act, H.R. 2775. This common-sense measure demands that accurate verification systems be put in place before subsidies are dispersed by requiring the Inspector General to verify subsidies are issued to only eligible Americans. H.R. 2775 prevents fraudulent ObamaCare subsidy claims before they can go out.
The unbelievable attempt by the Administration to move forward with such a massive expansion of healthcare without an accurate verification system is yet more proof that ObamaCare is a reckless policy. The House has successfully forced President Obama to sign seven bills into law that either dismantle or repeal portions of his signature legislation – H.R. 2775 should be the eighth.