Rep. Todd Young voted in support of H.R. 2775, the No Subsidies Without Verification Act, as it passed the House on Thursday by a 235-191 vote.
Under the Affordable Care Act, the 2010 health care law better known as Obamacare, individuals who purchase health insurance through exchanges can receive subsidies based on their income and family size. In July, however, the Obama administration announced they were delaying the launch of the income verification system for the subsidies, meaning individuals applying for subsidies on their tax returns would essentially do so on the honor system. It also leaves the program vulnerable to fraud and erroneous payments, which the Wall Street Journal estimates could be around $250 billion.
"Time and again, we've seen the White House delay significant portions of Obamacare that aren't ready to be implemented, yet they still insist the law is working," said Young. "It is clear to me, however, that not only is the law not working, but implementing it in a mish-mash sort of way is only making the problem worse. They delayed mandates and taxes on big businesses, but not on individuals and families. They delayed the verification for the subsidies, but not the subsidies themselves. "Train wreck' doesn't begin to describe the problems Americans face with this law, which is why I'll continue to support efforts to delay the law."
In July, after the President delayed the employer mandate of the law, the House passed a bill authored by Young to delay the law's individual mandate for one year. Another bill authored by Young would repeal the section that defines full-time employment at 30 hours, and replace it with the traditional 40 hours. That bill continues to gain traction in the House as jobs numbers show a shift to part-time employment nationally, with the latest reports showing that the majority of new jobs created in 2013 have been part-time.