Obama to promote health bill’s business benefits
Thursday, April 1st, 2010
WASHINGTON – President Barack Obama is promoting his health care overhaul’s benefits for small businesses as he tries to rally public support behind the new law scorned by Republicans and protesters.
A speech Thursday in Portland, Maine, is the second in a series of planned appearances to plug the sweeping changes coming to health care. Obama was to focus the event on the short- and long-term benefits for small companies, which have suffered during the economic downturn.
After speaking in Maine, Obama planned to travel to Boston to attend two fundraisers for the Democratic National Committee. His trip comes as much of the Northeast is suffering through devastating flooding caused by record-setting rainfall.
One of Rhode Island‘s Democratic congressmen, Rep. Jim Langevin, sent a letter to the White House Thursday requesting that Obama view the damage to that state during his travels Thursday. Homeland Security Secretary Janet Napolitano plans to travel to Rhode Island on Friday.
The president remains on a campaign to sell his newly passed health plan to America, emphasizing different aspects as he goes.
Under the plan, businesses that have 25 or fewer employees with average annual wages of less than $50,000 will receive tax credits this year if they provide health care coverage to their workers. Those credits are expected to increase by 2014, with 4 million small businesses benefiting, according to the White House.
Businesses that may be eligible for the tax credits will receive letters from the government in the coming weeks, another step in the administration’s efforts to tout the benefits of the health care overhaul.
Also starting in 2014, companies with up to 100 employees will be able to buy insurance through new state-based purchasing pools, or exchanges, with the goal of giving small businesses the same kind of purchasing power as larger companies. Twenty-two million self-employed Americans will also be able to purchase insurance through the exchanges…. (more…)





