Exclusive | Vance to make Obamacare fraud announcement after Trump threat to defund insurers after midterms

WASHINGTON — Vice President JD Vance will make an announcement on Obamacare fraud Tuesday morning at the White House, The Post has learned — after President Trump pledged earlier this month to “stop all government payments to the big insurance companies” if Republicans retain control of Congress.Vance has focused heavily on alleged theft of taxpayer money in federally funded health programs in his role as the Trump administration’s fraud czar — generally coupling allegations with action to block the distribution of funds deemed at-risk for misappropriation.The precise content of the announcement, including possible federal action, was not immediately clear, though congressional investigations have revealed significant alleged fraud in the signup process for subsidies under the 2010 Affordable Care Act.Vance previously announced the withholding of low-income Medicaid reimbursement to states for certain programs deemed at high risk of fraud, imposed a moratorium on durable medical equipment providers for the old-age Medicare program and suspended 447 purported hospice providers in California.A December report from the Government Accountability Office, a legislative agency, found that as of 2024 66,000 Social Security numbers were enrolled in multiple Obamacare plans — with one used for 125 policies.Roughly $94 million in federal subsidies were dispensed for plans created with a dead person’s Social Security number, that investigation found.The GAO further found an estimated 160,000 tax-credit applications may have been charged by insurers without a taxpayer’s authorization — and that the Centers for Medicare and Medicaid Services logged in an eight-month span 270,000 complaints from people enrolled in or changed to plans they didn’t want.A third of tax credits in 2023 reportedly were not checked against a person’s income.Vance’s announcement follows Trump’s threat to turn the screws on insurance companies if the GOP holds the House and S...