Author Topic: Obama Admn: 800,000 obamacare given wrong tax info - should delay filing - HAA!  (Read 893 times)


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http://www.nytimes.com/2015/02/21/us/incorrect-tax-information-health-insurance.html?emc=edit_na_20150220&nlid=64767382

WASHINGTON — About 800,000 taxpayers who enrolled in insurance policies through HealthCare.gov received erroneous tax information from the government, and were urged on Friday to hold off on filing tax returns until the error could be corrected.

The Obama administration, under heavy pressure from congressional Democrats, also announced that it would give several million people more time to buy health insurance so they could comply with federal law and avoid tax penalties.

The incorrect insurance information is used in computing taxes. Consumers can expect to receive corrected data in the first week of March. With the new data, officials warned, some taxpayers will owe more and some will owe less.

Officials said they did not know why the error had occurred.

Democratic lawmakers pressed hard for the Obama administration to open a “special enrollment period” around tax filing season for Americans who only then realize they face penalties for failing to purchase health insurance last year. Andrew M. Slavitt, the No. 2 official at the federal Centers for Medicare and Medicaid Services, said the period would last from March 15 to April 30.

When the regular open enrollment period ended Sunday, the Obama administration sent an email to consumers that said: “If you don’t sign up for health insurance today, you won’t be covered this year. So if you haven’t submitted your application and enrolled yet, this is your last chance.”

In fact, they will get another last chance. Mr. Slavitt described the special enrollment period as a one-time opportunity, and said it would not be repeated in future years.

Treasury officials said that up to six million people might be subject to tax penalties because they were uninsured in 2014. But health officials said they would help consumers obtain exemptions. Federal officials have authorized more than 30 types of exemptions from the penalty for not having insurance.

Millions of consumers received subsidies, in the form of tax credits, to help them pay premiums for coverage purchased through federal and state insurance exchanges last year. The credits were based, in part, on the consumers’ projected income for 2014 and the cost of a “benchmark plan.”

Mr. Slavitt said the government had discovered that the benchmark premiums were incorrectly reported on forms sent to 800,000 taxpayers, about one-fifth of all the forms mailed out by the federal government.

The error by the federal insurance marketplace is similar to what would happen if an employer reported inaccurate information on wages paid to an employee, or a corporation reported incorrect information about dividends paid to a stockholder.


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Could anything be more awful than Obamacare?
Boston Herald ^ | February 21, 2015 | Tom Shattuck
Posted on February 21, 2015 8:47:58 AM EST by SamAdams76

The frigid winter has gotten even colder for Barack Obama.

President “selfie-stick” just got a snapshot of his troubled Affordable Care Act and it’s starting to resemble an unaffordable debacle.

The latest snafu: Some 800,000 Americans who got their plans on the technologically toxic Healthcare.gov were given incorrect tax forms and will need to “amend” their filings. Don’t worry though, the correct forms are coming ... in March!

Bad news if you’ve already spent your refund. By the way, you’re going to need that refund because anemic enrollment means fewer dollars in the pool and that means premiums will go up, up, up. So much for the “Affordable” Care Act.

Just days after filming a bizarre, celebratory video with Health and Human Services Secretary Sylvia Burwell in which the president lauds robust Obamacare enrollment numbers, the administration has also called for a do-over so that an undisclosed number of Americans can sign up, for real this time, and avoid the tax penalty. They’ll have until April 30th to learn to love Obamacare and fall in line.

“It gives you some sense of how hungry people were out there for affordable, accessible health insurance,” Obama boasted in the short video during a performance worthy of an Oscar nod tomorrow night.

“The Affordable Care Act is working.”

It’s working in much the same way New Coke worked. Not at all.

Sadly, Americans never wanted Obamacare and certainly never asked to be treated this way. For a while they nervously endured it as one might an inappropriate shoulder rub from a sitting vice president. But now they’ve come to the breaking point.

Americans don’t like Obamacare. Never did, never will. Obama can run around with the Buzzfeed hipsters all he wants, vamping from between two ferns, hashtagging along with Pajama Boy, but the ACA is a box-office flop.

Last year they popped the champagne after attaining an enrollment goal which last November they admitted was artificially inflated using dental insurance enrollment numbers. This year, the IRS is ready to levy fines on the unenrolled.

Not even eight feet of New England snow can bury the truth. No one wants to climb aboard the USS Obamacare. But for those already onboard, rough seas await. This capsizing ship is like the Winter of 2015 — too big, too intrusive, too dangerous, too expensive and downright depressing.

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Libs avoiding this thread like the plague.

Libfags care only about mamby pamby bs , gay issues, nursery school, hating whitey, etc

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It's all Bush's fault. ACA was a Republican idea.
A