There is NO DOUBT in my mind that the Obama administration would like nothing more than to push hospitals like Missouri Baptist, St. Lukes and Mercy Hospitals out of business and take them over as government run hospitals! “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 non-profit. 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
Posted on: Mon, 21 Oct 2013 01:33:20 +0000
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