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.

read the rest

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

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

"Destroying the New World Order"

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

TOP CONTENT THIS WEEK

Latest Activity

Sabbatai Zevi commented on Central Scrutinizer's blog post TRACKING DOWN THE ORIGIN OF THE WUHAN CORONAVIRUS {Bitchute Video}
"Matt Bennison Fort Detrick"
5 minutes ago
Sabbatai Zevi favorited Less Prone's discussion MN Senator and Dr. Reveals HHS Document Coached Him on How to Overcount COVID-19 Cases
7 minutes ago
Sabbatai Zevi commented on Keisha Ruan's blog post Work Force Giving us Notices on Martial Law
"I got one and threw it away. First fool that asks me for papers is getting a surprise."
9 minutes ago
Central Scrutinizer posted a blog post
1 hour ago
Central Scrutinizer favorited Doc Vega's blog post America Under Asymmetrical Warfare
1 hour ago
stormtruther's blog post was featured
3 hours ago
Less Prone commented on stormtruther's blog post Man who saved Jimmy Savile is now leader of the Labour Party (Still fucking little boys then)
"Perverts in power favour perversion everywhere."
3 hours ago
Less Prone favorited James Roberts's blog post Hospitals Not War Zones as Media Says - Compilation Video
3 hours ago
Less Prone commented on James Roberts's blog post Hospitals Not War Zones as Media Says - Compilation Video
"https://www.worldometers.info/coronavirus/   shows Covid-19 cases per million…"
3 hours ago
Phyllis Maka's 2 blog posts were featured
3 hours ago
Less Prone commented on Mr. Sizzle's blog post Something to ponder and enjoy rather than the fear porn of Covid 19
"Weaponized music, they have weaponized practically everything you can touch, see, hear and feel and…"
3 hours ago
Less Prone favorited Mr. Sizzle's blog post Something to ponder and enjoy rather than the fear porn of Covid 19
3 hours ago
Keisha Ruan's blog post was featured

Work Force Giving us Notices on Martial Law

A note from our hospital administrator that I thought made me special until…I told the lady at the…See More
3 hours ago
Chris of the family Masters's blog post was featured
3 hours ago
Less Prone favorited Central Scrutinizer's blog post They Live .....Still today!!
4 hours ago
Doc Vega's blog post was featured

America Under Asymmetrical Warfare

The United States is at the very precipice of a dangerous transformation of our society, freedoms,…See More
4 hours ago
Less Prone commented on Less Prone's video
Thumbnail

Barrie Trower Interview - Whistle blower exposes 5G and MW technology

"What the Telecom Industry Doesn’t Tell You… But Does Tell It’s…"
4 hours ago
Doc Vega replied to Less Prone's discussion MN Senator and Dr. Reveals HHS Document Coached Him on How to Overcount COVID-19 Cases
"Typical of the government generated disinformation we get!"
4 hours ago
Doc Vega favorited Less Prone's discussion MN Senator and Dr. Reveals HHS Document Coached Him on How to Overcount COVID-19 Cases
4 hours ago
Doc Vega commented on James Roberts's blog post Why Are So Many People That Have "Recovered" From The Coronavirus Testing Positive Again?
"Talking with someone who has excellent sources to Chinese Cable TV apparently the coronavirus…"
4 hours ago

© 2020   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted