By David Manney
Dr. Mehmet Oz, administrator of the Centers for Medicare & Medicaid Services, says fraud tied to the Affordable Care Act has cost taxpayers millions of dollars, describing it as a serious abuse of the federal health insurance exchange system. The issue involves brokers and agents who allegedly manipulated enrollment records to collect government subsidies and commissions tied to Obamacare plans. The activity allowed some agents to sign individuals up for coverage without their knowledge or switch their plans without consent. Those actions triggered federal subsidy payments that should never have been issued.
In an interview with NBC News, Oz said some people on ACA plans should not be enrolled and expects the enrollment rate will continue to fall to around 19 million.
“In fact, the fact that we have 23 million makes me think we have too many participants in the ACA,” Oz told the outlet. “It’s too high a number.”
Oz said he believes some sign-ups are the result of fraud or mistakes…
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