As we implement the Affordable Care Act, we continue listening to the needs of the business community. Based on our many conversations with leaders of our nation’s businesses, large and small, today we are launching Business.USA.gov/healthcare, a one-stop-shop where employers of all sizes can go for information on the Affordable Care Act.
The new site includes a web-based tool that allows employers to get tailored information on how the health law may affect them based on their business’ size, location, and plans for offering health benefits to their workers next year. From tax credits for small businesses to help make coverage affordable, to measures to help slow the growth of health care costs, there are a variety of ways that the Affordable Care Act can help businesses expand health care coverage and compete.
The site leverages the resources of our partners across the federal government to ensure that business owners get comprehensive health care information and easy-to-use tools, such as a timeline of key implementation dates; information about the SHOP Marketplaces and small business tax credits; and resources to help calculate a firm’s number of full-time equivalent employees or determine if the coverage they already offer meets the law’s minimum value standards.
The administration is working with the employer community to ensure the site continues to be a helpful resource for businesses and their employees, including updating the site with additional, timely information, so stay tuned.
The Small Business Administration and Small Business Majority are launching the Affordable Care Act 101 weekly webinar series. Each week, SBA representatives will walk through the key pieces of the law so that small business owners can understand the facts and make the most informed decisions they can about providing health insurance for their employees.
This free series will focus on both federal and state provisions to help small business owners understand how the law will affect them. Topics being discussed include:
The New HealthCare.gov and the Health Insurance Marketplace
Health insurance is changing in important ways in 2014. HealthCare.gov is ready to help you with the upcoming changes, especially one of the most important: the opening of the new Health Insurance Marketplace.
From the start, this Administration has encouraged an ongoing dialogue with the leaders of our nation’s businesses, large and small. There’s more to do, but working together we’ve helped rebuild our economy. Businesses have added 6.9 million private-sector jobs in the past 39 months and we’ve helped strengthen the middle class. Today, most Americans get their health insurance through their jobs and that will be the case moving forward.
To help restore middle class security, we are making health care more affordable to businesses, government, and American families through the Affordable Care Act. While major portions of the law have yet to be implemented, it’s already a little more affordable for businesses to offer quality health coverage to their employees. A recent report suggests that medical cost growth will be lower in 2014 than an already low rate in 2013, both “defying historical patterns.”