Vance, Oz probe cuts off subsidies to thousands of Obamacare enrollees – USA Today

About 760,000 enrollees will be kicked off the Affordable Care Act insurance exchanges as part of a review by federal health officials and Vice President JD Vance’s anti-fraud task force.

Vance and Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz on Sept. 22 announced subsidy payments will be canceled for these ACA signups they claim were fraudulent, improper or, in some cases, done with phantom enrollees.

Oz said the ACA signup purge involved individuals that often never filed a claim for a doctor’s visit, filled a…

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PROCUREMENT & EXPENDITURE (STOPPING KICKBACKS)

Procurement fraud usually involves inflated invoices or “fictitious” vendors.

• The Three-Way Match: Never pay an invoice unless you have matched the Purchase Order (PO), the Delivery Note (signed), and the Supplier Invoice.
• Vendor Master File Review: Review your vendor list annually. Look for suppliers with the same bank details or physical addresses as your employees.
• Dual Authorization: Implement a “Two-to-Sign” rule for all EFT payments above a certain threshold (e.g., R5,000).
• No “Cashing” of Checks: If you still use physical checks, strictly prohibit “Cash” as a payee and store blank checks in a dual-lock safe.