The Obama Administration has set
aside the first requirement for one year, because it says that it is too
onerous to enforce. Now, it is setting aside the second —because it is too
difficult to verify at the present time. WOW! Of course, government health
insurance is slated to take place on 1 October, right on schedule. The way that
is going to happen is that the government is just going to accept the word of
the buyer of insurance that his income is low—no verification needed, apparently.
The government will dispense the insurance through the national health
insurance exchanges.
IRS experience tells that 21%-25%
of earned income tax credits go to people who are not eligible for those
credits. If that level of fraud is
predictive of the amount of fraud anticipated by asking people to designate
their financial qualifications for ObamaCare health insurance through the
exchanges, then tax-payers will be picking up $250 billion in fraudulent insurance
payments over the next 10 years.
This waiving of verification
procedures seems like a transparent attempt to get many people to sign up for
insurance through the exchanges; there by showing that government health
insurance is the preferred vehicle for coverage. Of course, this will be done
at the expense of the taxpayers. As usual, President Obama expects taxpayers to
cough up the money.
As you might expect, this
arrangement is in violation of the Affordable Care Act’s specifications. President
Obama just does not seem worried about enforcing the features of his own
legislative measures.
(This blog post was redacted from
the Wall Street Journal of 8 July 2013 page A16.)
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