$2.8 Billion In Obamacare Subsidies Can’t Be Verified


President Obama came out and admitted that Healthcare.gov was a complete disaster, so it is no surprise that the same administration responsible for that fiasco is unable to verify almost $3 billion in Obamacare subsidies.

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The federal government cannot verify nearly $3 billion in subsidies distributed through Obamacare, putting significant taxpayer funding “at risk,” according to a new audit report.

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The Department of Health and Human Services (HHS) Office of Inspector General (OIG) released an audit Tuesday finding that the agency did not have an internal system to ensure that subsidies went to the right enrollees, or in the correct amounts.

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“[The Centers for Medicare and Medicaid Services] CMS’s internal controls did not effectively ensure the accuracy of nearly $2.8 billion in aggregate financial assistance payments made to insurance companies under the Affordable Care Act during the first four months that these payments were made,” the OIG said.

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“CMS’s system of internal controls could not ensure that CMS made correct financial assistance payments,” they said.

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Read the whole thing.

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But sure, let’s expand the government even more.

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