#1 out of 3
politics20h ago
Obamacare paying out for tens of thousands of dead and bogus accounts: watchdog
- GAO found that 29,000 SSNs in 2023 and about 68,000 in 2024 were used to receive more than one year of APTC in a single plan year.
- During a fake-account test, 18 of 20 fictitious applicants remained actively covered, with APTC totals over $10,000 per month for those accounts.
- The GAO stressed that its findings cannot be generalized to the entire enrollee population and highlighted potential fraud risk in Obamacare.
- The report notes more than $94 million in APTC funding went to SSNs associated with deceased recipients in 2023.
- GAO found that the marketplace allowed one SSN to enroll in more than one policy to mitigate identity theft or data-entry errors.
- The GAO said its findings cannot be generalized to the enrollee population and urged ongoing monitoring.
- The report coincides with a Senate vote on extending Obamacare tax credits, which Republicans oppose.
- The GAO assessed real-world fraud and tested fake accounts to gauge program integrity.
- Experts noted the findings relate to debate over extending subsidies and overall healthcare costs.
- The GAO emphasized that some data limitations exist and that further monitoring is needed.
- The GAO's work involved real-world enrollment data and controlled testing to assess fraud risk.
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