Click Belowhttps://youtu.be/e0uPLe1Jq7c
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| We assume that every year Katz received healthcare he was receiving the equivalent of a $33,000 plan. Then 24 years of healthcare insurance in 2022 dollars means Elie Y. Katz has received the equivalent of $792,000 of tax-free family healthcare paid for by Teaneck taxpayers.NJ employees’ contributions to their healthcare are now based on a percentage of their compensation. Because Elie’s compensation from the Town is modest, his contribution last year was $1050, or 3% of the premium. Compare that to 17% of the health premium he would have paid had he been a $60K employee, or 29% of the premium had he been a $100K employee.(Click Here for the State’s SHBP employee contribution data)
Since the total amount in compensation the Town paid Council members last year was $86+ K, that means that the Katz’s share of the total – as one of 7 Councilmembers – was 46% while each of the other 6 members got 9%. (Any 5th grader can do the math: Click Here) But these cost figures are about to get much worse since the annual 2023 increase for State Health Benefit Program premiums is 20%. It is unresolved exactly how that 20% will be divided between what we taxpayers pay for all employees’ health insurance and what the increase will be for the individual employee contributor. (Click Here) The $60K Town employee who takes the same plan as Katz takes probably contributed @$6,000 in 2022 and that may jump to $6,800 in 2023. By contrast, Katz, if re-elected, will likely see his total family healthcare contribution go up $200 to $1,250. That would likely make the Katz family’s total health care cost significantly less than any other Teaneck family – including those on Medicare Is that a FACT, that incumbent Elie Y. Katz, the self-announced protector of the Teaneck taxpayer, wants you to know? |
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