In this era of tight public
funds afflicting virtually every state in the nation, there is one revenue
source that has been all but neglected in the public debate: the subsidy of "not
for profit" private hospitals by exemption from sales and property taxes being
the typical form.
This has been reexamined by
the remarkable
Other patients afraid to
incur debt they can't repay, delay their medical treatment, adding to its
eventual cost and jeopardizing their health outcomes if not their
lives.
In the current recession,
budgets at every level of government are strained and people are in peril. The
Illinois Supreme Court has decided that non profit hospitals must deploy the
public funds they are given to support the public health safety net both the
poor and the taxpaying public deserve.
Dr. Quentin Young is the
Chairman of the Health and Medicine Policy Research Group. He spoke to Press
TV's U.S. Desk on Wednesday about his article.
HJ/SM/HJ