Good grief . . .
Charitable
hospitals that treat uninsured Americans will be subjected to new levels of
scrutiny of their nonprofit status and could face sizable new fines under
Obamacare.
A
new provision in Section 501 of the Internal Revenue Code, which takes effect under Obamacare, sets
new standards of review and installs new financial penalties for tax-exempt
charitable hospitals, which devote a minimum amount of their expenses to treat
uninsured poor people.Approximately 60 percent of American
hospitals are currently nonprofit.
Charity
for the uninsured is one of the factors that could discourage enrollment in
Obamacare, which requires all Americans to purchase health insurance or else face new taxes themselves from the
IRS.
Read more: http://dailycaller.com/2013/08/08/obamacare-installs-new-scrutiny-fines-for-charitable-hospitals-that-treat-uninsured-people/#ixzz2bV5ddBuO
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