The government may be paying incorrect subsidies to more than 1 million Americans for their health plans in the new federal insurance marketplace and has been unable so far to fix the errors, according to internal documents and three people familiar with the situation.
The problem means that potentially hundreds of thousands of people are receiving bigger subsidies than they deserve. They are part of a large group of Americans who listed incomes on their insurance applications that differ significantly — either too low or too high — from those on file with the Internal Revenue Service, documents show.
Do you remember Joe Biden five years ago telling people, practically bragging, that millions or billions of stimulus dollars would go to waste or fraud? But, he explained, don’t worry about the waste and fraud because the idea was just to get the money out the door so people could spend it.
So you might fairly suspect that so far as the White House is concerned, paying out too much in subsidies might be a feature, not a bug. If the idea is to get the money out the door, so people come to depend on it, then ♡bamaCare!!! is working.