Trump Administration to Cancel Obamacare Coverage for 760,000 Enrollees Over Alleged Fraud
The Administration will also work to verify the eligibility of roughly 419,000 additional enrollees.
Vice President JD Vance announced on Tuesday that the Trump Administration intends to terminate the Obamacare coverage of 760,000 enrollees due to allegations of widespread fraud in enrollment. This decision will result in the saving of $2.2 billion in taxpayer funds. According to Vance, most of these individuals are likely to have been enrolled fraudulently.
The Administration plans to verify the eligibility of approximately 419,000 additional enrollees to ensure they are legal U.S. residents and meet the income threshold to receive Obamacare coverage. Additionally, a six-month moratorium on new health insurance brokers and agents will be imposed.
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