SBA Offers New Tools to Educate Small Businesses on Healthcare Law

In an effort to keep small business owners informed and educated about new provisions in the Affordable Care Act, the Small Business Administration today announced a new webpage and blog dedicated to connecting owners with information provided by the SBA’s federal partners responsible for implementing the law, including the U.S. Department of Health and Human Services.

The Affordable Care Act also known as Obamacare, has many measures that are specifically beneficial to small business. This new SBA web page www.sba.gov/healthcare, breaks down the key components of the Act based on business size in the following catergories: self-employed, fewer than 25 employees, fewer than 50 employees and more than 50 employees.

The web page also provides links to other information that’s designed to be helpful to small businesses owners including a glossary of key health care reform terms, an interactive timeline with milestones for when certain reforms will be implemented, as well as a state-by-state breakdown of health care option.

The other new tool is a blog entitled, Health Care Business Pulse (www.sba.gov/blog). It will provide small business owners with timely updates regarding the implementation of the Act.

“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.”

SOURCE: U.S. Small Business Administration