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Blog Category: Health Care

A One-Stop-Shop on the Health Care Law for Businesses Big and Small

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Cross-posted from the White House Blog by Valerie Jarrett 

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.

Repealing Health-Care Law Will Hurt American Competitiveness

This guest column by Secretary Locke was published in the Seattle Times Friday, January 14.
Secretary's Statement on U.S. House of Representatives Vote to Repeal Affordable Health Care Act (1-19-11)

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When Republicans vote next week to repeal the Affordable Care Act, they are voting to repeal a new level of control that American families have over their health-care decisions.

They are also voting to make American businesses less competitive in the global economy.

Because just 10 months after its passage, the act has brought badly needed change to the American health-care system. The law:

  • Prevents children with pre-existing conditions from being denied coverage;
  • Eliminates lifetime caps on the dollar amount insurance companies will spend on enrollees' benefits, like cancer treatment;
  • Allows children to stay on their parents' insurance plans until they are 26;
  • Gives tax credits to small businesses to help them afford health care for their employees; and
  • Takes meaningful steps to lower costs and improve the quality of health care for all Americans

But from my perspective as U.S. Commerce secretary, one of the most important benefits of the law is that it will make American businesses more competitive by reining in rapidly increasing health-care costs.

As President Obama has noted: "We are in a fierce competition among nations for the jobs and industries of the future."

The Affordable Care Act will allow American businesses, large and small, to improve their performance against foreign competitors, most of whom have significantly lower health-care costs.

The cost savings are real, and they will grow over time.