Health Reform Law 101

Resources for Your Business: Preparing for the Health Reform Law

This site provides a number of educational resources to help you prepare for implementation of major provisions of the Patient Protection and Affordable Care Act (PPACA) that take effect in January of 2014:
  • The Coverage or Penalty Chart helps a business determine if it has to offer coverage and/or pay a penalty due to the employer mandate.

  • The Penalty Calculator assists businesses in figuring out whether they must offer coverage and what the potential penalty might be under the employer mandate.

  • The Added Costs Table highlights the revenue provisions of the law, the effective date, and the revenue impact (PDF).
  • The Interactive Timeline outlines when key provisions of the law will take effect and offers a brief description of each provision.

  • The FAQ page offers in-depth answers and definitions to help businesses navigate the employer mandate.
  • The Press Room and Video pages provide recent news and video coverage of how the PPACA is affecting the business community.

The Employer Mandate: Coverage or Penalty?

Employers voluntarily provide health care coverage to more than 170 million Americans. However, the employer mandate, a major provision within the new law, puts heavy regulatory burdens on the business community, effectively deterring growth and creating further economic uncertainty.

The employer mandate, which takes effect in January 2014, will be the first time that a federal mandate requires employers to offer prescribed health care coverage or potentially face a penalty (see the Coverage or Penalty Chart).

The specifics on how this will affect your business depend on a number of factors, including whether you are a small employer or an applicable large employer, whether you will self-insure your coverage, whether you will be purchasing fully insured coverage in the small group and individual market or the large group market. Learn more here.

The U.S. Chamber on Health Care Reform:

The U.S. Chamber of Commerce supports health care reform that expands access to meaningful coverage, improves the quality of health care, and gets costs under control.  The Chamber is working to reduce the burden of the PPACA by promoting private sector strategies to advance real reform and improve the health of the country and its health care system.
 
Learn more about the Chamber’s position and efforts on health care reform here.
 

THE HEALTH CARE LAW: TAXES, ELIMINATION OF DEDUCTION, AND NEW FEES

This table highlights the revenue provisions of the law, the effective date, and the revenue impact.

HEALTH REFORM LAW 101 TIMELINE 

Use the timeline to scroll through the dates various provisions of the health care reform law take effect. You can access descriptions of each provision by clicking on the corresponding box.

COVERAGE  OR PENALTY? 

This chart can help you determine if your business has to offer coverage and/or pay a penalty.

VIDEO 

Access videos from Thomas Donohue, the President and CEO of the Chamber, small business member Mary Miller, CEO of Jancoa Janitorial Services, following her testimony before Congress on the business impact on the health care reform law, and the Chamber’s event Controlling Costs: The Price of Good Health.

The materials on this website have been developed for educational purposes only.  We urge you to consult with an attorney or benefit consultant to understand your legal obligations under the law. In many instances, the rules have yet to be written. Experts are continuing to debate how various provisions of the law will be implemented and enforced.  Many basic elements may change and there are numerous exceptions. Please contact an attorney or benefit consultant to verify how the law will affect your specific company, benefit offering, and scenario.