Credit Scores and the Affordable Care Act

Rumors seem to be swirling that your credit score will affect how much you will pay for health insurance under the Affordable Care Act, also known as Obama Care. These rumors seem to have started on Florida TV station with an interview health insurance navigator.

According to Rawstory.com

The broadcast prompted conservative sites like The Weekly Standard and others to warn that credit scores would have “big impact” on insurance premiums.

According to CNN the rumors are not true:

In fact, says Joanne Peters, an HHS spokeswoman, the application form does not ask for a credit score and at no point in the process are people’s credit scores accessed. 

The TV station has since retracted the story.

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