Citizens’ Council for Health Freedom
Health Freedom Minute June 20, 2012
Caught by the Exchange “Clawback” Have you ever heard of a “clawback”? A clawback is what happens when the government overpays you and then comes back to collect. One article warns that people who buy insurance through Obamaʼs health insurance exchanges may get too much money in advance subsidy payments and they could be forced to pay it back. For example, if your income increases from 300 percent of federal poverty guidelines to just one dollar over 400 percent youʼll have to pay the entire subsidy back to the government. Suddenly the money you got to help cover the higher cost of insurance under Obamacare becomes a loan. Might this keep you from accepting a higher-paying job? Think about it. “Exchange Subsidies May Produce Errors,” Jason Millman, Politico Pro, June 6, 2012. “Exchanges May Face Backlash Over Subsidy Overpayment ʻClawbackʼ”, Inside Health Insurance Exchanges, August 2011.
Presented daily by Twila Brase, President, Citizens’ Council for Health Freedom. The Health Freedom Minute is now heard in 37 states: Mornings M-Th at AM1280 (The Patriot) in MN and 91.5 AM WHKC (FreedomFM) in OH, afternoons on American Family Radio, and daily on the Bott Radio Network. CCHF ● 161 St. Anthony Ave. ● Suite 923 ● St. Paul, MN 55103 ● 651-646-8935 ● www.cchfreedom.org CCHF supports patient and doctor freedom, medical innovation, and the right of citizens to a confidential patient-doctor relationship.
