For millions of Americans, Obamacare has resulted in higher costs, decreased quality of service, lost choices, and great frustration. House Republicans understand that Americans need alternatives that maintain our high-quality health care system, while also ensuring low costs.
In her column, Rep. Diane Black (R-TN) focuses on the lack of accountability in Obamacare’s subsidy application. Without ensuring that those receiving subsidies are the Americans who need this monetary help the most, this program will become even more costly and inefficient than it already is.
Rep. Diane Black is a member of the House Ways and Means Committee and has over 40 years of experience in the health care field. On June 5, Rep. Black introduced H.R. 4805, the No Subsidies Without Verification Act of 2014.
“Consider that after all of the President’s unilateral changes to his signature law, Obamacare, we have now reached the point where the non-partisan Congressional Budget Office (CBO) cannot even calculate what fiscal impact this law will have on our nation’s deficits. In addition, while the individual mandate that all Americans purchase health insurance or be penalized has been described as ‘central’ to the law’s implementation, the estimate for the amount of people who will be subjected to this tax has been slashed by a third because of enrollment exemptions given by this Administration.
“Now reports from the Washington Post and the Associated Press confirm one of my biggest concerns with the implementation of this boondoggle. More than one million Americans who signed up for healthcare on the federal exchange may be receiving an incorrect tax payer subsidy for their plans due to the fact that the Obama Administration pushed this law through before the systems were in place to accurately confirm eligibility. This isn’t mere incompetence on the part of the White House; no, this was a direct result of the Administration’s insistence on moving forward with their arbitrary October 1st, 2013 open enrollment date, regardless of the consequences.
“Consider the problem this presents, as there is currently no real time system in place to ensure only those who qualify for subsidies receive them. This means that hard working American taxpayers may be left on the hook for potentially billions in fraudulent subsidy payments. Furthermore, it means that someone who simply fills out their Obamacare enrollment application incorrectly could be hounded for years by the Internal Revenue Service for back taxes owed on improper payments.”
Read the rest of Rep. Black’s column at Forbes.com.