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Answer the following question in your own words. Your answer must have a 150 minimum word...

Answer the following question in your own words. Your answer must have a 150 minimum word count:

  • Many not-for-profit hospitals today earn substantial amounts of revenue from charging patients (and insurance) for services similar to their for-profit counterparts. Do you believe these highly "profitable" hospitals should lose their tax-exempt status because they make "too much money"? Support your answer.
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Answer #1

I dont think that the hospital will loss tax exemption as they are having more productivity these days.Today,most of the people depends on insurance policies or other various programmes from where they get assistance during their hospital stay.these insurance companies will provide all the facilities in shoert term care or long term care.thus ,the people do not need to worry about their health when the fell down with any sickness.so,they go to hospitals for better care qnd treatment.

Most of the hospital use this chance.some times patients get admitted for no reason as they get free payment..Moreover,hospital stay get increased as they know their payment will be done through insurance companies.they will get huge profit through these business.while paying through insurance companies,no taxes are charged or some timess they need to pay less amount of tax as compared to other organisation.this will increase their profit .thus,i dont believe that through this work they will loss tax exemption.

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