Vance says ACA tax credits fuel fraud

[Dulcinea]

(The Hill) Vice President Vance said Sunday that subsidies offered under the Affordable Care Act (ACA) fuel waste and fraud in the insurance industry, as Republicans refuse Democratic demands to extend the tax credits ahead of open enrollment next month.

“The tax credits go to some people deservedly. And we think the tax credits actually go to a lot of waste and fraud within the insurance industry. So we want to make sure that the tax credits go to the people who need them,” Vance told Margaret Brennan on CBS News’s “Face the Nation.”

The tax credits, first offered during the pandemic and extended by the 2022 Inflation Reduction Act, expire at the end of this year. According to the health care policy research group KFF, premiums for millions of people will more than double next year if the subsidies are not extended.

The impact could be felt even soon. With open enrollment for the ACA marketplace in most states scheduled to start Nov. 1, insurers are set to increase premiums unless Congress acts in the coming weeks.

https://www.yahoo.com/news/articles/vance-says-aca-tax-credits-204749599.html

[Captain Zero]

1. Wait until JD learns of all the pardons for

White Collar Criminals Der Leader has issued. Not only does he pardon them but he waives their fines and restitution agreements!!

Trump's pardons this term include these convicted fraudsters and supporters - CBS News https://share.google/WJWKF9bzR4fflmQgo

[SheltieLover]

2. Couch fucking hillbilly trying to figure out a way to jhmp in on the fraud?

[Lovie777]

3. He should know about fraud.....

since the GQP are professional fraudsters.

[somsai]

4. I'm curious to know how insurance companies commit fraud

and what is the extent.

There is fraud in all government safety net programs. The trade off is that we still need the programs for the needy.

Any fraud not only takes our money but hurts needed programs by making them appear illegitimate. We all have an interest in reducing fraud.