Tag: "tax"

U.S. News vs. Comparion Hospital Rankings, and Other Links

Study challenges U.S. News ranking of U.S. hospitals.

Does austerity cause suicides?

What the new ObamaCare tax form is likely to look like.

MLR Results in Increased Profits, and Other Links

Insurers could actually profit from the medical loss ratio rules.

Reihan Salam on Goodman. (Spot on.)

Megan McArdle on Bush v. Gore. (Fascinating.)

Doctors are nicer to thinner patients.

Headlines I Wish I Hadn’t Seen

Tax-exempt hospitals spend an average of 7.5% of their operating expenses on community benefits.

First the “doc fix”; now a hospital fix.

Will regulations make HSA plans unattractive under ObamaCare?

Health Policy Languages, and Other Links

When I talk to the health policy community I always speak disfluently.

Why not have evidence-based government?

This year’s tax return determines next year’s ObamaCare subsidy.

Roofer’s union changes its mind: ready to repeal ObamaCare.

Republicans find something in ObamaCare they like: the high risk pool.

For-Profit Hospitals Are More Transparent Than Non-Profits

Go to the Web site of any publicly traded profit-making corporation — e.g., the Hospital Corporation of America — and click on the tab “Investor Relations.”

You will find tabs for annual reports to shareholders and the mandatory filings made to the Securities and Exchange Commission. Among them are 10-K’s, annual reports that are detailed and audited. There is also great detail on the criteria by which executive performance is evaluated by the board of directors, along with dollar figures of actual compensation paid.

Is there anything like this transparency and public accountability in the nonprofit sector? Indeed, who actually owns these entities? To whom do they render account for the sizable real resources and finances under their control? And what benefits do they deliver in return for the exemption from income taxation they enjoy?

More from Uwe Reinhardt.

A Splendid Tax Idea

Let’s get rid of the corporate income tax entirely.

No, really, hear me out. The corporate income tax is the source of almost all the tax-dodging activity in America. This activity is extremely expensive, and millions of valuable man-hours are diverted into it…

Why not get rid of the tax, and the tax avoidance, by radically simplifying the tax code? Eliminate the corporate income tax — and then also eliminate the special rates for capital gains and dividends. Tax all income once, progressively, when it’s realized by a person.

More from Megan McArdle.

Big Brother

What happens if you don’t pay your taxes? People who commit tax fraud can face big fines and even imprisonment. Then there is this:

Depending on where you live, if you shirk on your taxes, you might:

  • have your medical or law license suspended;
  • be denied a hunting or fishing license;
  • have your passport revoked;
  • have your driver’s license suspended, and your renewal of your vehicle registration denied;
  • be deported;
  • be denied housing assistance;
  • be barred from a government contract and government employment;
  • have your liquor license revoked (if you’re a restaurant).

And perhaps most crushingly, you can:

  • be denied the right to operate a concession, ride or booth at Minnesota’s annual state fair.

Joshua Blank study via Catherine Rampell.

The ACA According to Rockefeller, and Other Links

Jay Rockefeller: The Affordable Care Act is probably the most complex piece of legislation ever passed by the United States Congress…It’s beyond comprehension.

Telemedicine advances all the way to Antarctica.

Top ten tax hikes in President Obama’s budget.

Performance Variation on ED Measures, and Other Links

For-profit hospitals are outperforming nonprofit and public hospitals in treating emergency department patients for stroke, heart attack and pneumonia.

How doctors die: they don’t die like the rest of us. HT: Jason Shafrin.

America has the most progressive tax system in the world.

Krugman wrong again: This time about Herbert Hoover.

Australia Compensating Organ Donors, and Other Links

Australia to pay organ donors.

Teach for America teachers are besting their peers.

Are Democrats the one marshmallow party?

President’s budget leaked.

Worst items: A tax on large IRA accounts and a Pre-K entitlement.