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Moore cites GAO report and WSJ editorial warning of fraud risks in enhanced premium tax credits
Summary
In a short video, Congressman Blake Moore cited a Government Accountability Office report and a Wall Street Journal editorial to argue that COVID-era enhancements to premium tax credits — which reduce or eliminate enrollee costs and expire at year-end — increase the risk of improper enrollments and higher premiums.
Congressman Blake Moore said in a brief online video that a Government Accountability Office report and a Wall Street Journal editorial raise concerns that expanded premium tax credits enacted in 2021 have increased the risk of improper or fraudulent enrollments and helped inflate insurance costs.
Moore, identified in the video as "Congressman Blake Moore," said the COVID-era changes to the Affordable Care Act’s premium tax credits reduced required enrollee payments in some cases from a small percentage of income to zero, and that the enhanced credits are scheduled to expire at the end of the year. He cited the GAO and the editorial as the basis for his concerns.
Using a simplified example, Moore said an…
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