Health insurance subsidies hit a roadblock in the US

health insurance deadline enrollment

Some people may be receiving more subsidies than they are due U.S. consumers may be receiving more subsidies from the federal government than they are due to receive under the Affordable Care Act. The federal law offers financial assistance to those that fall within a certain range of poverty, as defined by the government. Subsidies are meant to offset the cost of health insurance policies, making them more affordable and more widely available to consumers throughout the country. Some people may be abusing the availability of these subsidies, however. Some…

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Health insurance subsidies are in jeopardy in the US

Health Insurance Expense

Federal appeals court rules that subsidies are illegal Health care is still a problematic issue in the U.S. Earlier this week, the D.C. Circuit Court of Appeals ruled that the Affordable Care Act does not grant the Internal Revenue Service the authority to distribute subsidies through state-based insurance exchanges. This ruling implies that the subsidies provided to those receiving coverage through these exchanges are illegal. Merely hours after the court had issued its ruling, the Fourth Circuit Court of Appeals ruled that these subsidies were actually legal. Contradictory rulings place…

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US government to investigate health insurance subsidy abuse

health insurance news

Government regulators are looking to uncover potential fraud Hundreds of thousands of people throughout the U.S. are being contacted by the federal government. The government is questioning these people about their eligibility for the subsidies provided by the Affordable Care Act. According to the Obama administration, a large portion of those seeking coverage through health insurance exchanges may have provided misleading or false information concerning their incomes. This information does not match that which is stored with the Internal Revenue Service, which calls into question whether or not subsidies are…

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Health insurance subsidies hit a roadblock in the US

health insurance roadblock stop

Some people may be receiving more subsidies than they are due U.S. consumers may be receiving more subsidies from the federal government than they are due to receive under the Affordable Care Act. The federal law offers financial assistance to those that fall within a certain range of poverty, as defined by the government. Subsidies are meant to offset the cost of health insurance policies, making them more affordable and more widely available to consumers throughout the country. Some people may be abusing the availability of these subsidies, however. Some…

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Health care reform subsidy sizes vary from state to state

U.S. Health Care Reform Update

Depending on where people live, they may be receiving greater assistance for purchasing health insurance. Among the main elements of the health care reform is the subsidizing of the purchase of private insurance coverage for many Americans, in order to help to make sure that the coverage remains affordable for these individuals and families. However, all subsidies are not created equal, and people in some states are receiving more of them than others. Approximately 85 percent of the people who used the health care reform exchange websites in order to…

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