Thursday, November 7, 2013

FOXNews.com: Experts say ObamaCare ‘grace period’ gives fraudsters the green light

FOXNews.com
FOX News Network - We Report. You Decide. // via fulltextrssfeed.com 
Experts say ObamaCare 'grace period' gives fraudsters the green light
Nov 7th 2013, 17:33

Published November 07, 2013

Tucked inside nearly 11,000 pages of the Affordable Care Act is a little-known provision that doles out three months of free health care to individuals who choose to default on their premiums.

People who receive the federal subsidy to be part of Obamacare will be allowed to incur a three-month "grace period" if they can't pay their premiums and then simply cancel their policies, stiffing the doctors and hospitals.

Their only repercussion is that they have to wait until the following year's open enrollment if they want coverage on the exchange.

"It will help break the system," said Rep. Louis Gohmert, R-Texas, one of a core group of Republicans who oppose Obamacare. "This is a huge piece of evidence to show this can't work, you will break the system and bankrupt people involved.

"The hospitals, doctors and insurance companies will be left holding the bag. There will be disagreements over who will pay for what. Lawyers will get involved because we are talking about a lot of money," he said.

Click for more from Watchdog.org

FOX NEWS FIRST NEWSLETTER

Daily must-read stories from the biggest name in politics

You are receiving this email because you subscribed to this feed at blogtrottr.com.

If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

0 comments:

Post a Comment

 
Great HTML Templates from easytemplates.com.