IRS; there will be subsidy repayment demands

Every benefit professional experiences data discrepancies, it’s quite common. The Obamacare/ACA reform allows only 60 days to fix the problem and after individuals may lose coverage and be asked to return the subsidy.  Oops…

“More than 2 million people who got health insurance under President Obama’s law have data discrepancies that could jeopardize coverage for some, a government document shows.

About 1 in 4 people who signed up have discrepancies, creating a huge paperwork jam for the feds and exposing some consumers to repayment demands, or possibly even loss of coverage, if they got too generous a subsidy.“

http://www.foxnews.com/politics/2014/06/04/data-problems-found-with-2-million-obamacare-sign-ups-document-shows/


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