Health Care Reform Options for Small Business Owners Featured on New Site
On Monday, January 28, the U.S. Small Business Administration (SBA) launched a new web page and blog dedicated to educating small business owners about the Affordable Care Act. The site and blog connects small business owners to information provided by SBA’s federal partners responsible for implementing the law, including the U.S. Department of Health and Human Services.
“The Affordable Care Act provides small business owners with access and opportunity to provide affordable health care options for their employees,” said SBA Administrator Karen G. Mills. “SBA’s new Affordable Care Act web page and blog will serve as a resource for small business owners who want learn more about how to take advantage of these benefits.”
The Affordable Care Act features measures geared specifically for small businesses, including tax credits and slowing premium cost growth and increased access to quality, affordable health insurance. SBA’s new web page, sba.gov/healthcare, breaks down the key provisions of the Act based on business size in the following categories: self-employed, fewer than 25 employees, fewer than 50 employees, and more than 50 employees.
The web page also provides links to other useful information for small businesses, including a glossary of key health care reform terms, an interactive timeline with dates for when certain reforms will be implemented, a state-by-state breakdown of health care options, and how to learn more about specific tax provisions and regulations. Additional resources will be added as they become available.