Posted on

Obamacare Makes Insurance Companies Rich

Screenshot 2024 03 26 1.53.40 PM e1711475679874

photo Paragon Pic

the staff of the Ridgewood blog

Ridgewood NJ, it seems Obamacare is more than a tax after all, the Ridgewood blog has been sounding the alarm on this issue ever since the inception of the “Unaffordable Care Act” over a decade ago. Now, we have concrete evidence confirming our concerns were valid all along.

Continue reading Obamacare Makes Insurance Companies Rich

Posted on

Health Care Price Transparency Could Save Billions

emergency_theridgewoodblog

the staff of the Ridgewood blog

Ridgewood NJ, the USA has experienced a rapid rise in health care costs over the past decade since Obamacare was made the law of the land.  A new study by Arthur Laffer and Cynthia Fisher estimates that requiring health care providers to post prices for their medical services could save patients and companies more than $500 billion a year.

Continue reading Health Care Price Transparency Could Save Billions

Posted on

Obamacare Premium Increase Coming as Subsidies lapse

find a doctor abroad 1920x1080 1

the staff of the Ridgewood blog

Ridgewood NJ, the Affordable Care Act (Obamacare)  marks its 12th anniversary in March , and despite a record 14.5 million enrollees, the Biden administration is preparing for the possibility that millions could lose coverage next year.

Continue reading Obamacare Premium Increase Coming as Subsidies lapse

Posted on

Affordable Care Act is nothing more than a “Tax” ,and not health Insurance

jonathan_gruber_0

the staff of the Ridgewood blog

Ridgewood NJ, Senate Democrats made the Affordable Care Act the centerpiece of their effort to block the confirmation of Judge Amy Coney Barrett to the Supreme Court on Monday, portraying her as a threat to the landmark health care law passed more than a decade ago.

The silly fear mongering  hits the media ,”As the U.S. Supreme Court hears the latest challenge to the Affordable Care Act, health coverage for 800,000 New Jersey residents is at stake.”

Continue reading Affordable Care Act is nothing more than a “Tax” ,and not health Insurance

Posted on

The New Jersey Business & Industry Association: Health Insurance Surcharge Will Make Healthcare less affordable

Valley_Hospital_theridgewoodblog

the staff of the Ridgewood blog

 

Trenton NJ, The New Jersey Business & Industry Association is urging the Assembly Appropriations Committee today to vote against a proposed $300 million health insurance tax that would increase costs for businesses, nonprofits and ultimately all employees who pay a portion of their healthcare premiums.

Continue reading The New Jersey Business & Industry Association: Health Insurance Surcharge Will Make Healthcare less affordable

Posted on

Obamacare Medical Device Tax Sent Domestic Production Overseas Leaving US Vulnerable

static.politico
 the staff of the Ridgewood blog
Ridgewood NJ,  according to the Johns Hopkins Center for Health Security the US government officials, including representatives from the Department of Homeland Security and US President Donald Trump, have confirmed that the Strategic National Stockpile (SNS) is running low on supplies and equipment. The SNS maintains inventory of a myriad of supplies and equipment—including pharmaceuticals, personal protective equipment (PPE), and ventilators—for rapid deployment during emergencies; however, it “was never…designed to fight a 50-state pandemic.” While products are being shipped to states and health systems directly from manufacturers and distributors in the commercial market, states are still struggling to obtain necessary supplies and equipment. There are numerous reports that states are bidding against each other, as well as foreign competitors, to secure materiel to support their response activities, and multiple governors have called on the federal government to provide additional support. The US government has reportedly shipped millions of pieces of equipment and other supplies nationwide, but it appears that the available inventory has been insufficient, and domestic production has not scaled up quickly enough to meet the existing demand. As the US epidemic continues to grow, so too, will the demand, which will inevitably place even more strain on existing resources.

Continue reading Obamacare Medical Device Tax Sent Domestic Production Overseas Leaving US Vulnerable

Posted on

According to Study : New Jersey Is 2020’s 6th Worst State for Doctors

choosing a doctor

the staff of the Ridgewood blog

Ridgewood NJ, With doctors on the front lines against the threat of coronavirus, National Doctors’ Day coming up on March 30 and “physician” being the highest-paid job of 2019, the personal-finance website WalletHub today released its report on 2020’s Best & Worst States for Doctors as well as accompanying videos.

Continue reading According to Study : New Jersey Is 2020’s 6th Worst State for Doctors

Posted on

Governor Murphy Signs Legislative Package Protecting the Affordable Care Tax in New Jersey

131001_POL_ObamacareWebsite1

the staff of the Ridgewood blog

Trenton NJ, Governor Phil Murphy today signed a package of bills to safeguard the provisions of the Affordable Care Act (ACA) in New Jersey. The bills, which will codify into state law the basic protections for health care consumers that are part of the Affordable Care Act, include protections for no-cost preventative care and contraception, prohibit exclusions for pre-existing conditions, allow children to stay on their parents’ plan until age 26, and incorporate mental health and maternity care as part of essential benefits, among others. The Governor highlighted the importance of these bills during an armchair discussion with Hackensack Meridian Health Chief Executive Officer Bob Garret.

Continue reading Governor Murphy Signs Legislative Package Protecting the Affordable Care Tax in New Jersey

Posted on

Federal appeals court strikes down ObamaCare’s key funding mechanism known as the individual mandate

131001_POL_ObamacareWebsite1

 the staff of the Ridgewood blog

Washington DC, A federal appeals court upheld a lower court’s ruling that a key aspect of the ObamaCare law is unconstitutional ,setting up another likely Supreme Court showdown in a presidential election year.

The 5th Circuit U.S. Court of Appeals concluded by a 2-1 vote the original law’s key funding mechanism known as the individual mandate requiring most Americans to purchase health insurance or face a tax penalty . The original Supreme Court ruling  rule the individual mandate was a “tax “.

Continue reading Federal appeals court strikes down ObamaCare’s key funding mechanism known as the individual mandate

Posted on

The Affordable Care Act has been anything but affordable

obamacare

Heather Darling, a Lawyer from Morris County 

Ridgewood NJ, Obamacare has been an epic fail for many who had insurance. The Affordable Care Act has been anything but affordable for those of us paying in part or in full for our own Healthcare. For many, basic health care previously covered by insurance is now approaching prohibitive cost levels. Although insurance was previously expensive, after payment for insurance was rendered the cost of medical care itself was substantially covered by the insurance company.

Shortly after Obamacare was introduced, many did see a significant reduction in their premiums. However, there was an equal and sometimes greater increase in their out-of-pocket costs after the care was rendered. Over a short period of time, premiums increased to pre-Obamacare levels and the out-of-pocket costs continue to climb. These facts alone indicate that the program was overreaching and a failure.

Additionally, here in New Jersey, those such as small business owners or independent contractors responsible for their own insurance coverage are limited to a minimal number of insurance companies and an even smaller number of those companies are actually accepted by a majority of medical care providers. The net result is that many who were previously insured are now unable to afford insurance and those who were previously uninsured currently remain either uninsured or covered by government programs paid for by the very people who can no longer afford insurance of their own.

Posted on

“Obamacare” Ruled Unconstitutional

obamacare1

the staff of the Ridewood blog

Fort Worth Tx, On Friday night a federal judge in Texas ruled the Affordable Care Act unconstitutional , likely setting up a final decision on the law’s fate at the Supreme Court.

The law, known as Obamacare, was effectively nullified by the ruling. Judge Reed O’Connor of the U.S. District Court for the Northern District of Texas, in Fort Worth, heard arguments in the case in early September, but did not issue his ruling until Friday evening.

He did not, however, grant the plaintiffs’ request for an injunction, meaning the law’s provisions remain in effect until an appeal reaches the Supreme Court, or the ruling is reversed by an Appeals Court. That means that the current open enrollment period regulated by Obamacare continuing through its Saturday deadline.

At issue in the case was the individual mandate, the provision in Obamacare that requires everyone to have health insurance or face a penalty in the form of a tax. The Supreme Court upheld that part of the law in 2012, ruling it fell in line with Congress’ power to levy taxes.
Congress, eliminated the tax penalty last December as part of President Trump’s major tax overhaul which, means the mandate is no longer a tax and therefore is unconstitutional.

Posted on

U.S. Department of Justice says Obamacare individual mandate unconstitutional

1379441947-obamacare3-300x2772

June 10 ,2018
the staff of the Ridgewood blog

Washington DC, The U.S. Department of Justice said on Thursday that the part of Obamacare requiring individuals to have health insurance aka the individual mandate is unconstitutional. This should be interesting to New Jersey voters with the recent signing by Governor Phil Murphy of a rule requiring the enforcement of the individual mandates and thereby fining individuals without insurance .

In a brief filed in a federal court in Texas, the department said a tax law signed last year by President Donald Trump that eliminated penalties for not having health insurance rendered the so-called individual mandate under Obamacare unconstitutional.
The Justice Department said that also nullifies two other major provisions of Obamacare linked to the individual mandate, including one barring insurance companies from denying coverage to people with pre-existing conditions.

Attorney General Jeff Sessions, in a letter to House of Representatives Speaker Paul Ryan, said he had determined the individual mandate will be unconstitutional when the tax law becomes effective in 2019.

Posted on

Obamacare Still Makes No Sense for Working Middle Class Taxpayer

obamacare_theridgewoodblog

December 2,2017

the staff of the Ridgewood blog

Ridgewood NJ, in an amazingly honest article about Obamacare , CNN Money (https://money.cnn.com/2016/11/04/news/economy/obamacare-affordable/index.html ) called it , “a tale of two health insurance programs. “For the 85% of enrollees with lower incomes, federal subsidies make the premiums somewhat more affordable. Those even closer to the poverty line can get additional subsidies that reduce the deductibles, which can run into the thousands of dollars. For many middle class Americans  a single person earning more than $47,520, not very much in Bergen County  or a family of four with an income of $97,200 still not a lot of money for a family of four , still not very much in Bergen County the pricey premiums and deductibles mean health care coverage remains out of reach.

Which always bring us back to the argument that defenders of Obamacare, either don’t pay for it , or they don’t have it .

For the 10.5 million enrollees on the Obamamcare exchanges, the  health insurance cost burden falls on the consumer. That is leaving an untold number of Americans opting to remain uninsured, rather than shell out thousands a year for premiums and deductibles. In 2015, 46% of uninsured adults said that they tried to get coverage but did not because it was too expensive, a Kaiser study found.

Over 150 million people have insurance through work, paying only about $440 a month for a family plan, while employers cover the rest, or about $1,075 per month.

For a 30 year old enrollee for Obmacare  your $311 a month Bronze Plan premium comes with a  $6092 deductible , ouch. This represents little sense to the average 30 year old and still amounts to nothing more than a “tax’ , on working people.