Senate investigating Obamacare credits because they are curious if there were bogus credits given!! 11 out of 12 investigators gave false information and got the credit! Whoaa!! This is to ensure the tax credits go to the right people and heavy concern Americans are getting improper subsidies. This is truly one of Dr. Wagner’s hot buttons. She discovered that H & R Block had released information saying 6.8 million people received the subsidy and 5.5 million have to pay part of that subsidy back.
She read somewhere that the Senate was going to investigate H & R Block and couldn’t understand why. This had nothing to do with H & R Block. The subsidy was set in place by insurance companies per directive of HHS.
Dr. Wagner has talked to people personally who thought they were doing the right thing, getting insurance and got the subsidy to help lower the cost. Yet once they have their taxes done, they find out all of a sudden they owe hundreds if not thousands of doctors because they got the wrong amount in a subsidy.
Their income amount could have changed and they were not aware they needed to report that information to the exchange. People are not educated enough about the individual mandate. Dr. Wagner has a course that is available on this site. Go to www.ownyourhealthcare.com and look under Resources. She has two classes you can take on your own time.
There’s so much the general public is unaware of when it comes to Obamacare. This mandate constantly has new information coming forth, yet people have for the most part separated themselves from it. Some of it may be due to politics and some of it may be because the information is overwhelming and confusing.
Thankfully, Dr. Wagner removes the confusion and explains it in laymen’s terms. Do not go into the next enrollment period without the right information.