Obamacare rule to verify income scrapped until after 2014 election
Obama is getting desparate, to win all those seats in congress come the 2014 election. The Obama Administration has suddenly decided to hold off another of its key healthcare rules, delaying a requirement that verifies the income levels of those seeking taxpayer subsidies until after the 2014 midterm elections.
Instead, the new insurance marketplaces operated by states and the District of Columbia will take the consumer’s word that they qualify for the subsidies.
Come on here, those who make above the limit will lie, to get the help, and it takes away from those who need it most.
Verification plans for the taxpayer subsidies won’t go into effect until 2015 for those earning about $45,000 to purchase health insurance, or earning $15,000 to qualify for Medicaid in the District and 23 participating states.
It looks like Obummer is unraveling his own healthcare law, and even breaking it.
“As crunch time is coming, they’re just muddling through and figuring out short cuts,” said Ian Spatz, a senior adviser at Manatt Health Solutions, told The Post. “It might not be elegant, but this is how they’re trying to make the law work.”
Timothy Jost, a law professor at Washington and Lee University in Lexington, Va., and a consumer advocate, said it’s not unprecedented for the government to use the honor system, and compared it to reporting cash tips to the Internal Revenue Service.
“An awful lot of the economy is a cash economy,” Jost said. “If we had to verify every statement that was made to the IRS, our economy would collapse.”