05 AUG 2017 (15:17 UTC-07 Tango 06) 14 Mordad 1396/12 Dhu l-Qa’da 1438/14 Wu-Shen 4715
“Many of the nearly 7.5 million taxpayers who receive letters and seek insurance may feel misled if the actual cost of their insurance is much higher than the $75 per month detailed in their notification letter.”-U.S. Treasury Inspector General for Tax Administration
An audit by the U.S. Department of the Treasury revealed that under the regime of Barack Obama the IRS (Internal Revenue Service) lied about how much ObamaCare-ACA (Affordable Care Act) mandated health insurance would actually cost in monthly premiums (for the those people who didn’t qualify for free ObamaCare). The actual cost was actually more than twice the promised amount.
The outright lie by the Obama led IRS was to trick people into supporting ObamaCare-ACA, according to the audit: “This audit was initiated to assess the IRS’s processes for identifying and notifying individuals who file an income tax return and do not have the required Minimum Essential Coverage under the Affordable Care Act…….
…..review identified that the IRS did not issue the required notification letters……..IRS management delayed its planning to implement Section 1502(c)…..
……analysis of 5.4 million taxpayers who enrolled in health coverage through an Exchange in Calendar Year 2015 identified that the cost, after financial assistance, for 3.4 million (63 percent) taxpayers exceeded the $75 a month cited in the letters mailed to taxpayers. The average cost to taxpayers was $168 a month after financial assistance.”- Affordable Care Act: Implementation of the Notification Requirement for Individual Filers Not Enrolled in Health Insurance
The report was released on 03 AUG 2017.
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