Morning Headlines 7/16/15
Watchdog finds potential for fraud in Obamacare subsidies
A GAO report finds that 11 of 12 fake accounts it created to test HealthCare.gov were approved for subsidies last year, and all 11 were re-approved this year, meaning that in its two years of operation, administrators have not managed to remove any of the fake accounts.
CMS reports that its analytics-powered Fraud Prevention System has saved the government $820 million during its first three years in operation, including $454 million during 2014 alone, a 10 to one return on investment.
Former CMS Administrator Marilyn Tavenner will take AHIP helm
Marilyn Tavenner, the former head of CMS, will take on the role of president and CEO of America’s Health Insurance Plans, the country’s leading insurance lobbying firm.
I hear, and personally experience instances where the insurance company does not understand (or at least can explain to us…