Health Care Law Leads to Tax Problems
(Washington D.C.) – More than half of all Americans who have received taxpayer assistance to buy policies under the Affordable Care Act (ACA, also known as Obamacare) are being forced to pay back all or part of that assistance, according to tax preparation firm H&R Block. On the average, the cost to these taxpayers is $530. Due to problems with the Healthcare .gov website, those who have received this taxpayer-funded assistance are also being advised to hold off on filing Taxes due to a glitch that has led to nearly 1 million people receiving bad information. Officials indicate the federal government sent incorrect tax information to about 800,000 Healthcare .gov customers – in addition to the previously announced 100,000 California subscribers who also received bad information. Additionally, states such as California and New York – among others – are seeing negligible increases in enrollment under the law, while the government-run Medicaid program is seeing millions of new recipients – with accompanying increases in taxpayer costs.
Daniel Garza, Executive Director of The LIBRE Initiative, released the following statement:
“The ongoing problems with the new health care law are a direct result of the myriad of new rules, mandates and government controls included in the law. This complex system is limiting our freedom to choose care and doctors, and forcing millions to pay for costly insurance they do not support. The Hispanic community in particular, has been greatly affected by this law, with more of us being pushed into Medicaid – a government-run program with poor health care outcomes. Real reform should take advantage of market competition to control costs, while offering more options and quality care. We deserve better.”