Consumers could try to to defraud the federal health insurance tax credit program by having the Internal Revenue Service send the money to a relative at a health insurer.
More consumers could try to defraud the program by lying about their income.
John Koskinen, the new IRS commissioner, talked about the Patient Protection and Affordable Care Act premium tax credit fraud possibilities today at a hearing on the IRS organized by the House Ways and Means oversight subcommittee.
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Allison Bell
Allison Bell, a senior reporter at ThinkAdvisor and BenefitsPRO, previously was an associate editor at National Underwriter Life & Health. She has a bachelor's degree in economics from Washington University in St. Louis and a master's degree in journalism from the Medill School of Journalism at Northwestern University. She can be reached through X at @Think_Allison.
