Finance
e-Newsletter
Intelligence Unit Special Reports Special Events Subscribe Sponsored Departments Follow Us

Twitter Facebook LinkedIn RSS

Connecticut finance panel approves hospital taxes

Hartford Courant, April 7, 2010

A key legislative committee in Connecticut has voted to create a new hospital tax, the Hartford Courant reports. The bill would create a new hospital gross receipts tax of 5.5% as of May 1, but the tax would be temporary and would end in 2014. Although all hospitals would be subject to the tax, they also would receive money back for "uncompensated care." City hospitals with large numbers of non-paying customers would receive more money back than suburban hospitals with a greater number of patients covered by insurance.