Plain English Breakdown
The official source material does not provide specific details on how much the tax will change or when it will take effect.
Changing How Hospitals Pay Taxes
This act changes how hospitals pay taxes by basing it on the number of Medicaid, Medicare, and uninsured patients they treat.
What This Bill Does
- Changes the way hospitals are taxed based on the number of people who use their services through Medicaid or Medicare programs.
- Includes in the tax calculation the number of patients without health insurance (uninsured) that hospitals serve.
- Updates state laws to reflect this new method for calculating hospital taxes.
Who It Names or Affects
- Hospitals and healthcare facilities in the state.
Terms To Know
- Medicaid
- A government program that helps people with low income pay for medical care.
- Medicare
- A federal health insurance program for people who are 65 or older, certain younger people with disabilities, and people with end-stage renal disease (ESRD).
Limits and Unknowns
- The bill does not specify how much the tax will change.
- It is unclear when this new law will take effect.