House Judiciary panel probes insurance companies over Obamacare fraud
Republicans probe insurer and broker roles in $21 billion of unreconciled Affordable Care Act subsidies amid concerns of waste, fraud, and rising premiums, committee says.
- The House Judiciary Committee, led by Jim Jordan, is investigating allegations of fraud involving major Obamacare health insurance brokers.
- The committee sent letters to several companies, including Blue Shield of California and Centene Corporation, demanding information about their enrollment services and potential fraud.
- Seto Bagdoyan from the GAO stated that fraud related to brokers may contribute to Obamacare's high costs, highlighting issues such as deceptive practices.
- The investigation follows findings of fraud, including payments made for deceased individuals, and the committee has requested a response from the companies no later than December 29.
5 Articles
5 Articles
House GOP Investigates Obamacare Brokers Over Fraud Allegations, Soaring Premiums.
PULSE POINTSWHAT HAPPENED: House Republicans, led by Judiciary Committee Chairman Jim Jordan (R-OH), are investigating potential fraud by major Obamacare health insurance brokers, citing concerns over soaring program costs.WHO WAS INVOLVED: The House Judiciary Committee, Blue Shield of California, Centene Corporation, CVS Health, Elevance Health, Kaiser Permanente, Oscar Health Inc., and GuideWell.WHEN & WHERE: Letters were sent on Monday, Decem…
House GOP probes alleged Obamacare broker fraud as Jordan presses major insurers for answers
Republicans in the House of Representatives want to know if some of the country’s largest Obamacare health insurance brokers are contributing to a dismal picture of fraud spurring the program's soaring costs.The House Judiciary Committee led by Chairman Jim Jordan, R-Ohio, sent letters to Blue Shield of California, Centene Corporation, CVS Health, Elevance Health, Kaiser Permanente, Oscar Health Inc. and GuideWell on Monday, demanding detailed i…
House Judiciary panel probes insurance companies over Obamacare fraud
"Some of the fraud comes from brokers, who are paid by insurance companies for each enrollment and are, therefore, incentivized to enroll as many people as possible—whether eligible or not," House Judiciary Committee says.
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