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Monday, August 11, 2014

Good News For Obamacare: IRS Calculates Subsidies Right 99.99 Percent Of The Time

We’ve previously discussed that income, citizenship, or immigration data cannot be reconciled for one quarter of Obamacare beneficiaries.

Well, it appears that the IRS (which pays tax credits to insurers based on the income and family size of people who enroll) has its act together, according to a July audit.

So, are Obamacare’s data problems solved? By no means: The critical term in the passage is “based on information furnished by the Exchange.”

Read the entire column at NCPA's Health Policy Blog.

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