Seems a woman who owed a hospital $27,000 was on the verge of losing her house. With the help of an ABC investigative reporter, the woman’s bill was lowered to $7,000…allowing her to keep her home.
How is that possible? Government money.
Non-profits get our money. It’s only fair…they give back.
So next time you’re in a hospital, check if it’s non-profit.
If it is…look for some kind of public notification which indicates the hospital is in compliance with the Affordable Care Act‘s financial assistance requirements.
The ACA directs the IRS to establish Section 501 ( r ) of the Internal Revenue Code to implement new community benefit rules for hospitals that are subsidized through the federal tax exemption. These new rules are currently in effect and require that hospitals do the following:
1. Establish written financial assistance policies describing who is eligible for free or reduced cost care and publicize them to patients and the community.
2. Refrain from extraordinary collections actions against patients before screening them to determine whether they qualify for financial assistance.
3. Limit fees charged to patients eligible for financial assistance to rates paid by Medicare or the lowest amounts paid by insured patients.
4. Conduct a regular community health needs assessment and implement a plan to address selected needs.