President of Paragon Health Institute; Special Asst. to the President at WH National Economic Council '17-'19; Happily married with five mostly great kids.
Nov 10 • 10 tweets • 4 min read
A teachable moment today for @RepJeffries, who was not aware of the massive amount of improper and phantom enrollment in the ACA exchanges
We summarized the issue here:
Bottom line: 6.4m improper enrollees in '25 & 35% of enrollees with $0 claims
🧵1/xparagoninstitute.org/private-health…
Because of the ACA enhanced subsidies, there was a huge shift in enrollees claiming income for a fully subsidized plan, who did not have that income. This produced windfall profits for insurers
55% of enrollees in federal exchange states claimed income in this narrow band!
