Photo: Associated Press

A train wreck has occurred on the way to health coverage for all in the U.S. Forty percent of households that received subsidies for their coverage in 2015 haven’t properly filed 2014 tax returns yet and, in theory, won’t be able to apply for a subsidy in 2016 as a result.

That’s what the Treasury Department determined after comparing tax filers with those who’d received subsidies. A report from the Associated Press/Washington Times said the Treasury identified the problem when reviewing tax records of the 4.5 million households that got subsidies. Of the 1.8 million who are at risk of losing subsidies:

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Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

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