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IG: IRS Obamacare System Open to Fraud

IRS system that would allow eligible taxpayers to use refundable tax credits under Obamacare wasn’t built to detect fraud, audit finds. Audit: IRS may be unable to identify ACA refund fraud or schemes prior to the issuance of erroneous refunds. Audit says IRS documents fail to address management’s responsibility to manage, monitor and mitigate fraud in developing a new information system for Obamacare. IRS says there is no fraud risk with advanced premium tax credit calculator or income and family size verification process in version 3.0 of the ACA system.”]

Source: https://www.cuinfosecurity.com/ig-irs-obamacare-system-open-to-fraud-a-6262

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