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Every nonprofit hospital, including Mayo, is required to provide free or discounted care, also known as "charity care," to maintain its nonprofit status with the IRS and reap the benefits of tax exemption. Experts say that financially strong nonprofit hospitals need to be doing more to make it a fair exchange.
Many patients haven’t heard of "charity care," also known as financial assistance, although every nonprofit hospital, including Mayo Clinic, is required to provide it. And even when patients discover it, many struggle because the application process is too burdensome or they avoid it altogether, reluctant or hesitant to apply for “charity.”
MN Senate GOP tax bill ready for floor vote By Minnesota News Network|2021-04-26T06:56:45-05:00April 26th, 2021| Minnesota Senate Republicans have queued up their tax bill for a floor vote, but the big debate is still ahead with House Democrats over DFLers’ proposed tax increases. The Minnesota Chamber’s Beth Kadoun told Senate G-O-P lawmakers Friday that she appreciates their focus on stabilizing at-risk businesses: “These strategic actions will help in Minnesota’s economic recovery as we come off the worst economic downturn in over 70 years.” Anna Odegaard with the Minnesota Asset...
Walz tax cut for 1 million families doesn't reach lowest earners Some Republicans quickly derided the small amount, with House Minority Leader Kurt Daudt calling it "a talking point, that's not a tax cut." February 13, 2021 — 6:17pm Text size Copy shortlink: More than 1 million households would see a tax cut — albeit a small one — under the piece of Gov. Tim Walz's tax plan that would directly affect the most Minnesotans. When the Democratic governor debuted his budget for the next two years, he presented the expansion of th...