ObamaCare includes subsidies for those who are not offered what the commissars deem “affordable” coverage by their employers. But if the employer mandate – and all of its associated reporting functions – are delayed until the Democrats managed to slither through the 2014 midterm elections, how is eligibility for those subsidies going to be computed?
The answer, quietly buried deep inside the Federal Register by this shockingly dishonest and inept Administration on Friday: the honor system. Courtesy of Avik Roy at Forbes, I give you Fraud-a-Palooza 2014, in which the supposedly brilliant centrally-planned top-down health insurance system imposed upon us by our betters will simply take people’s word for whether they’re eligible for subsidies or not:
“We have concluded that the…proposed rule is not feasible for implementation for the first year of operations,” say the Centers for Medicare and Medicaid Services. “The exchange may accept the applicant’s attestation regarding enrollment in an eligible employer-sponsored plan…without further verification, instead of following the procedure in §155.320(d)(3)(iii).”