Full Circle: The HHO Blog

Identity Theft Steals Billions From Pandemic Relief – American Rescue Plan Oversight Will Do Better


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The White House recently released a statement about the American Rescue Plan oversight.

Two things stand out.

  1. They have created an interagency COVID-19 Fraud Enforcement Task Force.

    This will be tasked to investigate and prosecute domestic and international criminals intent on exploiting relief programs for personal and financial gain — and recover stolen funds.

  2. They are launching a new Initiative on Identity Theft Prevention and Public Benefits.

Here's what President Biden said:

"There is perhaps no oversight issue inherited by my Administration that is as serious as the exploitation of relief programs by criminal syndicates using stolen identities to steal government benefits. Last year, this type of criminal behavior robbed American families of billions of dollars that should have gone to support small businesses and workers who had lost their jobs. To combat that threat, I welcome the Department of Justice’s announcement today of the creation of an interagency COVID-19 Fraud Enforcement Task Force. Through this task force, the Justice Department will work with other agencies to investigate and prosecute domestic and international criminals intent on exploiting relief programs for personal and financial gain — and recover stolen funds. In addition, I have directed my ARP Implementation Coordinator to build on his team’s ongoing efforts by launching a new Initiative on Identity Theft Prevention and Public Benefits.  Together with the Office of Management and Budget, this team will bring a whole-of-government approach to develop recommendations to help stop these criminal syndicates before they can prey on relief funds that belong to the American people."  

The American Rescue Plan also makes health insurance more affordable for millions of Americans!

A Kaiser Family Foundation analysis estimates that 92% of people who buy their own health insurance will qualify for a subsidy. Its findings also indicate that 1.4 million uninsured people are now newly eligible for the subsidized marketplace coverage.

Kaiser pegs the average savings as ranging from $33 a month for those with incomes under 150% of the poverty level to $213 a month for those with incomes between 400% and 600% of the federal poverty level.

Estimates by the Centers for Medicare & Medicaid Services (CMS) say premiums after the new savings will decrease, on average, by $50 per person per month, or $85 per policy per month. Four out of five enrollees should be able find a plan for $10 or less a month after premium tax credits, CMS says, and more than 50% will be able to find a “Silver” (or mid-level) plan for $10 or less.

Get your maximum health insurance subsidy. 

--90% of applicants are entitled to additional subsidies!

--Less than 5 minutes to see how much you will save each year.

--Licensed benefits brokers standing by to make sure you get every dollar you are entitled to.

Call Now (877) THE HALO

   

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