(Bloomberg) — Regulators moved to limit a potential loophole that critics say could have been used for fraud in the new state insurance systems set up by the Affordable Care Act.
Centers for Medicare and Medicaid Services rules would have allowed some people to bypass income-verification requirements when applying for federal subsidies to help them purchase health coverage, Bloomberg BNA reported. This week, the agency said the allowances would only be made in the first year and only under limited circumstances.
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