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Consumers Asked To Verify Income, Other Information — Or Risk Losing Government Subsidies For Health Insurance
Daniel Chang and Nick Madigan | Kaiser Health News | July 31, 2014
...About eight million people signed up for a health plan through the ACA exchanges. According to the Kaiser Family Foundation, 85 percent of them were eligible for financial aid, and the government is expected to deliver about $10 billion in subsidies during the first year. Healthcare analysts say some consumers will end up paying higher monthly premiums as a result of the verification process, while others may have to repay some or all of their subsidies if they are found to be ineligible...
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