Fraud Risk Assessment of Obamacare Subsidies Accountability Act

This bill (S 3384) requires the Health and Human Services (HHS) and Treasury Secretaries to conduct annual fraud risk assessments of Obamacare subsidy programs (premium tax credits) by December 2025 and each year after. It directs them to document all fraud prevention controls used for these subsidies and submit detailed reports to specific congressional committees and the HHS Inspector General. The assessments must follow a 2015 federal fraud management framework established by the Comptroller General. The bill directly affects HHS and Treasury operations related to administering health insurance subsidies under the Affordable Care Act.