Yes, they do not pay all the costs. Often times they will write off debts or provide care for free. This is not always the case though. Typically they are funded like a for profit hospital with the major difference being there are no shareholders to take the profit.
I have heard estimates that they subsidize $60 billion a year on healthcare costs across the US.
I was trying to get a clearer picture of how many countries the Catholic Church could fund annually but estimating their money is very complicated. They are not centralized like the Mormon church and all their churches operate independently.
With estimates as high as $2 trillion of total revenue, in theory, they could pay for several European countries. But not something like the whole US that spends $5.3 trillion on healthcare.
I think this also touches on just general criticism of the Catholic church. Are they really good stewards of their money, is corruption a problem, etc. I have read a lot of conflicting information on these topics.
Yes, they do not pay all the costs. Often times they will write off debts or provide care for free. This is not always the case though. Typically they are funded like a for profit hospital with the major difference being there are no shareholders to take the profit.
I have heard estimates that they subsidize $60 billion a year on healthcare costs across the US.
I was trying to get a clearer picture of how many countries the Catholic Church could fund annually but estimating their money is very complicated. They are not centralized like the Mormon church and all their churches operate independently.
With estimates as high as $2 trillion of total revenue, in theory, they could pay for several European countries. But not something like the whole US that spends $5.3 trillion on healthcare.
I think this also touches on just general criticism of the Catholic church. Are they really good stewards of their money, is corruption a problem, etc. I have read a lot of conflicting information on these topics.