Tag Archives: COBRA

Free Healthcare For Illegals Continues The ObamaCare Way

By Doug Book

Illigal Aliens SC Free healthcare for illegals continues the ObamaCare way

In 2009, the Federation for American Immigration Reform (FAIR) estimated that the yearly cost of providing healthcare for illegal aliens was $10.7 billion. It was a difficult figure to approximate as hospitals are not permitted to ask if an emergency room patient is in the country illegally. After all, should an exact total of monies spent even on the delivery of anchor babies (about $10,000 per “anchor”) become known, it would enrage an American public which Democrats especially hope to keep blissfully ignorant about one of the principle reasons for skyrocketing healthcare and health insurance prices—uncompensated costs.

In 1986, EMTALA was signed into law. Part of the COBRA act, EMTALA requires hospitals to provide treatment to anyone who needs it regardless of citizenship status or ability to pay. As the government does NOT reimburse hospitals for such care, a number of hospitals nationwide were forced to close their doors, being unable to provide millions of dollars in free services.

Though hospitals are able to recoup a minimal portion of this massive expense via Medicaid reimbursement, the only way to remain solvent is by raising prices to paying patients. Naturally, this drives up the cost of both healthcare and health insurance.

Enter Barack Obama and his namesake “healthcare” program. When arguing the constitutionality of ObamaCare before the Supreme Court, Solicitor General Donald Verrilli claimed that the individual mandate requiring everyone either purchase health insurance or pay a penalty was necessary in order to stop the  practice of charging “…uncompensated costs … directly to other market participants…”

In short, the Regime was ostensibly outraged that responsibility for payment of these uncompensated costs was being placed on others by healthcare providers who routinely  “…charge[d] higher rates in order to cover the cost of uncompensated care…”  Mr. Obama’s Justice Department minions argued that although millions of Americans did not WANT to purchase health insurance, the federal government had both a right and an obligation to force them to do so in order to halt the “unfair practice” of the uninsured taking advantage of and driving up prices for the insured!

So by charging EVERYONE, whether they wanted insurance or not, there would be no more unfair, uncompensated costs because everyone would be paying for healthcare!  The freeloaders, formerly gaming the system by getting free care paid by others, would now be forced to pay their “fair share!”

Did Congress consider changing the EMTALA LAW–the real reason for uncompensated costs–rather than forcing ObamaCare on the American people? Of course not.  Will illegals have to buy healthcare? No. They will STILL be getting “free” care, paid by those who ARE required to buy ObamaCare approved healthcare or pay a “penalty.” (A “TAX” if you’re Justice Roberts.)

In short, thanks to ObamaCare, billions in healthcare costs for illegals will be neatly covered up by the individual mandate. And Democrats will eagerly state that illegals are NOT being covered by ObamaCare and that any healthcare expense associated with illegals is at worst minimal.

It’s the LEAST the Democrat Party can

From: http://www.westernjournalism.com/free-healthcare-for-illegals-continues-the-obamacare-way/

Supreme Court To Weigh IRS Penalties On Alleged Tax Dodges

By The Huffington Post News Editors

By Patrick Temple-West
WASHINGTON, March 26 (Reuters) – The U.S. Internal Revenue Service’s practice of slapping steep, 40-percent penalties on participants in certain alleged tax shelters will soon come to trial before the Supreme Court.
Though it rarely hears tax matters, the court has decided to weigh in on a case involving Texas billionaire Billy Joe “Red” McCombs, a former owner of professional sports teams.
The court’s decision, not expected until June 2014, will likely have implications beyond McCombs’ case, tax lawyers said.
Oral arguments will be scheduled when the high court’s next term begins in October.
The Obama administration’s solicitor general is arguing that “hundreds of millions of dollars” in tax penalties are hanging in the balance, according to court filings. However, the decision will only apply to cases brought prior to 2010.
The case being taken up by the court involves a 1999 transaction undertaken by McCombs and his business partner, Gary Woods. The government contends it had no purpose other than tax avoidance. The transaction was known as “current options bring reward alternatives,” or COBRA.
According to the government, Woods and McCombs bought and sold options on foreign currencies to generate paper losses used to offset gains chiefly related to McCombs’s sports ventures.
The IRS initially applied a 40-percent penalty on the unpaid taxes that the agency said were owed, but the 5th U.S. Circuit Court of Appeals in New Orleans ruled in 2012 that the 40-percent penalty did not apply in the Woods case.
Woods is already subject to a 20 percent tax penalty on COBRA and the Supreme Court need not step in, Woods’s lawyer has argued in court filings.
The lawyer representing Woods did not respond to requests for comment. Calls to San Antonio-based McCombs Partners, an investment management business which lists both Red McCombs and Gary Woods on its website, were not returned.
The …read more
Source: FULL ARTICLE at Huffington Post