WALLINGFORD – The Connecticut Hospital Association (CHA) today welcomed the Finance, Revenue and Bonding Committee’s inclusion of hospital tax revisions in its revenue package and the Appropriations Committee’s commitment to advancing a model designed to maximize federal revenue and strengthen care delivery.
“We appreciate the Finance, Revenue and Bonding Committee’s proposal reflecting hospital tax levels discussed with hospitals, as well as legislators’ recognition of the importance of adopting a hospital tax model that directs proceeds back to patient care,” said CHA. “We look forward to continuing to work together to protect and strengthen access to care for communities across Connecticut.”
CHA urges elected officials to continue the momentum in advancing a hospital tax model that maximizes federal support for patient care following five key provisions:
- Increase the value of the state’s tax on hospitals to leverage the maximum amount of federal revenue available
- Use all net proceeds of the increased tax to support patient care delivered by hospitals
- Ensure that all non-governmental hospitals participate in the tax program (including Connecticut Children’s and Waterbury Hospital) and reserve the benefit of the tax to only those hospitals that pay the tax
- Seek to secure a five-year deal with the federal government
- Preserve the state’s current $500 million share of the tax benefit in the coming fiscal year, while not expanding that share
