Rocky Mountain Voice

Tag: Fraud Risk

Federal freeze targets childcare money in Colorado and four other states
Axios, Approved, National

Federal freeze targets childcare money in Colorado and four other states

By Emily Peck | Axios The Trump administration says it is freezing $10 billion in funds for child care and poor families in five blue states, the Office of Management and Budget confirmed to Axios Monday. Why it matters: The White House is pointing to reports of social services fraud in Minnesota to threaten funding for child care around the country. Child care providers are bracing for a slowdown in funds and the possibility of cuts that threaten their ability to operate. That could create wider issues, as millions of parents rely on child care to get to their jobs. Where it stands: Funds are being suspended for California, Colorado, Illinois, Minnesota and New York, according to the New York Post, which earlier reported the news. The h...
Fake Identities Still Approved for Obamacare Subsidies, Watchdog Warns of Systemic Failures
Just The News, Approved, National

Fake Identities Still Approved for Obamacare Subsidies, Watchdog Warns of Systemic Failures

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...

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