a-a-a-a-and.....the good old days of Christian and other charity hospitals picking up the slack ain't gonna work.
the austerity fiends said it would....but the deck, she's stacked.
Obamacare Targets Catholic Hospitals to Strip Them of Tax-Exempt Status
August 11, 2013 by Daniel Greenfield
We’re talking about non-profit hospitals, but a sizable percentage of them are religious hospitals affiliated with the Catholic Church, various Jewish and Protestant hospitals, formerly or currently representing some religious status.
Catholic hospitals make up some of the largest non-profits in the country. Indeed the top four systems in the country are Catholic.
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Draw your own conclusions. In either case, the Obamacare non-profit clampdown will empower the IRS to effectively shut down non-profit hospitals.
Healthcare experts warn that the Obamacare’s new requirements make it almost impossible for charitable hospitals to navigate treacherous new waters.
“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.
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.
Obamacare’s new requirements could slam hospitals with massive $50,000 fines if they fail to meet bureaucrats’ standards.
Healthcare experts warn that the Obamacare’s new requirements make it almost impossible for charitable hospitals to navigate treacherous new waters.
As it will be for us all. This is Obama’s America after all. Charity was outlawed in the USSR. It will be outlawed in OSSR if things go that far.
Obamacare Targets Catholic Hospitals to Strip Them of Tax-Exempt Status | FrontPage Magazine