Obamacare levies fines on non-profit hospitals that offer free healthcare to the poor

from Daily Caller:

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.

“It requires tax-exempt hospitals to do a community needs survey and file additional paperwork with the IRS every three years. This is to prove that the charitable hospital is still needed in their geographical area — ‘needed’ as defined by Obamacare and overseen by IRS bureaucrats,” said John Kartch, spokesman for Americans for Tax Reform.

“Failure to comply, or to prove this continuing need, could result in the loss of the hospital’s tax-exempt status. The hospital would then become a for-profit venture, paying income tax — hence the positive revenue score” for the federal government, Kartch said. “Obamacare advocates turned over every rock to find as much tax money as possible.”

Additionally, the rise in the number of insured Americans under Obamacare will make it more difficult for tax-exempt hospitals to continue meeting required thresholds for treating the uninsured, driving more hospitals into the for-profit category and yielding more taxable money for the federal government.

“The requirements generally apply to any section 501(c)(3) organization that operates at least one hospital facility,” according to a “Technical Explanation” report of new Obamacare provisions prepared by the congressional Joint Committee on Taxation (JCT) on March 21, 2010, the day Obamacare passed.

Obamacare’s new requirements could slam hospitals with massive $50,000 fines if they fail to meet bureaucrats’ standards.

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Comment by Deep Space on October 23, 2013 at 10:48am

I bet Mark Dice could find tons of people to sign a petition in support of BarryCare.

Comment by Cryptocurrency on October 23, 2013 at 3:01am

Does anyone like Obamacare? Like, anywhere? Everyone I have talked to about it hates it. Especially people in health care hahaha.

You're telling me, someone, somewhere, likes Obama care? No one is THAT dumb. I refuse to believe it. If Ko-ko the gorilla can learn sign language, break the sink in her room, and when asked about it, laugh, and then blame it on one of her trainers, then homo-sapiens HAVE TO BE smart enough to know Obamacare is a gigantic government (four letter word, rhymes with clock) crammed right up where you'd probably rather not have it.

Comment by apeman2502 on October 23, 2013 at 2:15am

Remember ladies and gentlemen, you heard it here first. Lobotomy. Connecticut. 1977 to 1979. Thus creating a psychopathically passive personality to be the puppet his handlers' bosses only dreamed of. A career of cocaine dealing in high school with his mother being a CIA asset is a clue as to where this all began.

Comment by truth on October 20, 2013 at 3:40pm

Affordable Health Care Act

 

 

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