A fresh investigation from the Government Accountability Office has detonated a political firestorm in Washington, exposing a massive river of fraud running straight through the heart of Obamacare. Instead of serving real patients, the report reveals that billions are being siphoned off through bogus accounts, identity tricks, and even Social Security numbers tied to people who died years ago. Conservatives have long warned the system was primed for abuse — but this new report shows the mess is far deeper than anyone imagined.
According to the GAO’s findings, insurance companies raked in $94 million for individuals who were no longer alive, a stunning snapshot of what the Congressional Budget Office believes adds up to more than $27 billion in Obamacare fraud every single year. The figures come via the National Pulse, and they raise an uncomfortable question: How did the federal government allow this kind of chaos to flourish inside one of the Democrats’ marquee programs?
The watchdog agency discovered 58,000 Social Security numbers receiving advanced premium tax credits that matched entries in the federal death database. Even more jaw-dropping, over 7,000 of the supposed recipients passed away before their coverage even started. In other words, money was being spent on health plans for Americans who never had a chance — or the ability — to use them.
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