Monday, August 12, 2013

Your Friend Sent You An Article From The Daily Caller: Marshall Ramsey II: Obamacare installs new scrutiny, fines for charitable hospitals that treat uninsured people

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Obamacare installs new scrutiny, fines for charitable hospitals that treat uninsured people

By Patrick Howley   9:03 PM 08/08/2013
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.

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