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IRS Has Calculated 330,000 Obamacare Premium Subsidies IRS Has Calculated 330,000 Obamacare Premium Subsidies

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IRS Has Calculated 330,000 Obamacare Premium Subsidies

The number could hint at how many people have successfully completed health insurance applications.

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The Obama administration expects the federal health care exchange site to be running smoothly by the end of November.(Richard A. Bloom)

The Internal Revenue Service, which verifies consumer income to determine eligibility for Obamacare subsidies, told The Washington Post it has calculated estimates for 330,000 people.

That number does not mean 330,000 have successfully signed up for health insurance, however, because applications must be processed and sent to the insurance companies for approval.

 

Many people are not able to get to that step because of problems with the Obamacare website, and National Journal reported last week that when they do, the data coming from HealthCare.gov sometimes has serious flaws.

Officials at the Health and Human Services Department have thus far declined to offer the actual number of enrollees.

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