Bill > S3384

This bill, titled the "Fraud Risk Assessment of Obamacare Subsidies Accountability Act," requires the Secretary of Health and Human Services, in collaboration with the Secretary of the Treasury, to conduct an annual assessment of the risks of fraud related to advance premium tax credits. These tax credits, often referred to as Obamacare subsidies, are financial assistance provided under the Patient Protection and Affordable Care Act to help individuals purchase health insurance. The assessment, which must be completed by December 31, 2025, and annually thereafter, will identify controls in place to prevent fraud and will be submitted to the Inspector General of the Department of Health and Human Services and relevant congressional committees. The assessment process must follow the principles outlined in a 2015 report by the Comptroller General of the United States on managing fraud risks in federal programs.

Health and Social Services

https://www.congress.gov/bill/119th-congress/senate-bill/3384/all-info