Bill Would Delay Obamacare Exchange Subsidies Until Verification Is Implemented

So distrustful


Legislation introduced this week in the House would prohibit the distribution of federal subsidies to ObamaCare exchanges until a system is in place to counter fraud.

The bill, introduced by Rep. Diane Black (R-Tenn.), comes in response hundreds of pages of new regulations setting forth, among other provisions, verification rules for those applying for insurance under the law.

"Buried in more than 600 pages of this new regulation was a controversial decision to delay verification of eligibility for ObamaCare subsidies, and instead use the honor system," Black said Thursday during a speech on the House floor.