The Internal Revenue Service’s Section 501 goes into effect under Obamacare. The provision stipulates new financial penalties for charitable, tax-exempt hospitals that treat uninsured poor Americans. Currently, 60 percent of American hospitals fall under this category.
Analysts explained that charity serves as a major deterrent for the uninsured to enroll in Obamacare, so the Obama administration is fining charitable hospitals.
“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, explained John Kartch of Americans for Tax Reform.
Kartch added, “Obamacare advocates turned over every rock to find as much tax money as possible.”
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The Department of Health and Human Services and the IRS will be reviewing the nation’s hospitals for infractions and imposing penalties as necessary to comply with the Affordable Care Act. Bothe departments have experienced major scandals this year, leading Americans to distrust their judgment on this issue.
Do you believe charitable hospitals should be fined? Share your thoughts.
http://americanoverlook.com/obamacare-fines-charitable-hospitals/10...
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