Rep. Issa, chairman of the committee, believes the IRS is illegally applying the portion of the Patient Protection and Affordable Care Act that would give subsidies to the poor to buy affordable healthcare. Under the PPACA, low-income earners could receive tax credits to help buy insurance through the insurance exchanges.
The IRS has denied any political pressure from the White House to implement the policy, and it has said the policy is legal within the framework of the law. However, Rep. Issa and other conservative lawmakers believe the IRS’ defense is “flawed” because the subsidies should not be “the federal fallback,” according to the report.
More Articles on the Healthcare Reform Law:
5 Facts to Know About Medicaid Under the PPACA
Healthcare Reform After the Supreme Court: Where Do We Go Now
10 Considerations for Hospitals in the Aftermath of Supreme Court’s PPACA Decision
At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.