Long before there was ObamaCare, my colleagues and I argued that H&R Block is an ideal organization to administer health insurance tax credits. The reason: almost all of H&R business these days is helping people get Earned Income Tax Credit “refunds.” Actually, the organization gives the “taxpayer” the money upfront and then files and cashes the IRS check when it arrives.
But withholding tax refunds is about the only way the IRS can enforce ObamaCare’s mandate. So the company is now considering how to help its clients enroll in Medicaid or in a plan sold on a health insurance exchange to avoid those withholds.
See Sarah Kliff’s blog on this issue.