Obamacare Fraud Targeted by New Federal Rule

The Centers for Medicare and Medicaid Services has unveiled new regulations to strengthen the integrity of the Obamacare insurance exchanges and promote innovation. The new federal rule, released for comment on Feb. 9, will lower the cost of health care, according to Secretary of the Department of Health and Human Services Robert F. Kennedy Jr. “At President [Donald] Trump’s direction, [this agency] is driving down costs and rooting out fraud across our health insurance programs,” Kennedy said in a statement, predicting that the policy changes overall will reduce premiums and increase consumer choice. Eligibility Verification New anti-fraud regulations will require stronger enforcement of eligibility and income verification, correcting a situation that some observers say allowed unscrupulous insurance brokers to sign up millions of people for the program without their knowledge, particularly in plans with no premiums....