Tag: Federal Marketplace

By Nicholas Ballasy | Just the News "We were able to get subsidized insurance for fake enrollees. We also found some issues with enrollees' Social Security numbers that could indicate identity fraud. The program's fraud risks were last assessed in 2018, even though the program and its risks have since evolved,” the GAO reported A newly released report from the Government Accountability Office reveals that “fraud risks in the advance premium tax credit (APTC) persist,” despite earlier warnings and reforms.  The APTC is a “subsidy that the government pays to insurance companies to make premiums more affordable for eligible Americans under the Affordable Care Act.” CMS paid nearly $124 billion in APTC in 2024 alone, covering about 19.5 million enrolle...