Honor System
Obamacare starts in 2014. We all know that. The law includes tax subsidies to purchase health insurance for Americans who earn less than 400 percent of the poverty line, about $45,000 for an individual. Those earning less than 133 percent of the poverty line — about $15,000 — will qualify for Medicaid coverage in Washington D.C. and the 23 states that have decided to expand the program. You may not have known the actual numbers but you probably knew that subsidizing people was a big part of this plan (a common theme for this administration). Well, how about this? Did you know that the government won’t be able to verify whether or not applicants for Obamacare’s insurance exchange subsidies are actually qualified for the aid? Instead, until at least 2015, these states will be able to “accept the applicant’s attestation [regarding eligibility] without further verification”. So this massive tax plan to fund health insurance is based on whether someone wants to get free healthcare or not! Are you kidding me?
I never expect a government program to make sense, why should this one? As a retired physician I should know!
Just like voting in our country. have to let you vote even if you don’t have a photo id.
yet you can’t renew a driver’s license without proving who you are all the way back to your birthcertificate in addition to other photo id.
Income tax is also is on the honor system with penalties if one lies. I don’t know the penalties for not being accurate on your income for subsidies but if they are high enough one would expect most would try to be honest.