There are – big surprise here – 18 steps in the data verification process for the exchanges. Just a quick peak so you may understand why certain information is required on the exchange application:
In order to be eligible to get subsidized premiums, employees must have and income and family size meeting the requirements. The IRS will be verifying this information
In order to be eligible for exchange coverage, you must be a citizen or legal resident. Homeland Security will verify this information
In order to be eligible for exchange coverage, you cannot be incarcerated – after being found guilty. The Social Security Administration will verify this.
So… they are asking alot of questions on the application.