Fed up with Obamacare yet?
Charitable Hospitals To Be Fined Under Obamacare | Acton PowerBlog
Charitable Hospitals To Be Fined Under Obamacare | Acton PowerBlog
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.