The Ridgewood Blog Brings a Free Market Laissez-faire Point of View to Local, New Jersey State and National Issues.
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New York NY, the shocking killing of UnitedHealthcare CEO Brian Thompson on a Manhattan street has reignited debates surrounding the healthcare industry , Obamacare and the broader societal tensions that underpin modern American life. While the tragic death has drawn widespread condemnation, it has also exposed the raw anger many Americans feel toward the health insurance industry — emotions that some have controversially expressed online.
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Ridgewood NJ, here’s an eye-opening chart from Paragon Health Institute marking the 14th anniversary of Obamacare.
Continue reading Obamacare Is Now Costing Taxpayers $218 Billion a Year
photo Paragon Pic
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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.
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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
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Ridgewood NJ, Town & Country Apothecary & Fine Cosmetics will no longer fill prescriptions as of June 15th :
Continue reading Town & Country Apothecary & Fine Cosmetics will no longer fill Prescriptions
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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
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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
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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.
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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
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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.
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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 “.
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.
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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.
June 10 ,2018
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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.