18
May , 2012
Friday

Charge Chicago officials use new ‘Sit Down and Shut Up’ ordinances to deny protest permit ...
Washington, DC - U.S. Senator Mark Kirk (R-Ill.) released the following statement with regard to the President’s speech ...
  Tamika Catchings, six-time WNBA All-Star, two-time Olympic gold medallist and President of the WNBA Players’ ...
Fundraising Gala Co-Hosted by Dennis Haysbert, Debbie Allen and Norm Nixon; Allstate among the event ...
 Former South African soccer captain Lucas Radebe and multi-Olympic medallist Frank Fredericks are the latest ...
Illinois Secretary of State Jesse White announced that all offices and facilities will be closed ...
Debbie Russo of Senior Solutions For You   While everyone loves to take an exciting trip from ...
  For 2 1/2 days, attendees will collaborate to create and build a viable business model ...
Just A Thought     By Juanita Bratcher    There are many Americans who don't give a "hill of beans" about ...

Archive for February 13th, 2011

National Baptist Congress to hold 105th Annual Conference in Fort Lauderdale, FL

Posted by PMac On February - 13 - 2011 66 COMMENTS

Greater Fort Lauderdale Convention & Visitors Bureau welcomes the 105th National Baptist Congress to sunny South Florida

 

Fort Lauderdale, FL (BlackNews.com) — In celebrating the spirit of diversity during Black History Month, the Greater Fort Lauderdale Convention & Visitors Bureau (GFLCVB) is proud to announce that the National Baptist Congress, 105th Annual Conference will be held at the Broward County Convention Center, June 12 – 17, 2011.

On Monday, February 21, 2011, the GFLCVB, headed by Nicki E. Grossman, President and CEO will be hosting a Press Conference and Pastoral Breakfast officially announcing the conference and welcoming Dr. T.B. Boyd, III. President, R.H. Boyd Publishing Corporation and Chair of the National Baptist Congress to Greater Fort Lauderdale.

Reverend Anthony Burrell, Senior Pastor of Mt. Calvary Baptist Church in Pompano Beach, FL is the host pastor of this exciting event which will bring over 8,000 visitors to Broward County. Albert Tucker, Vice President, Multicultural Business Development for the GFLCVB stated, “He is thrilled that a conference of this magnitude is coming back to Greater Fort Lauderdale and will have an economic impact in excess of $5 million dollars to the local economy.”

Under the direction of Tucker, Greater Fort Lauderdale has become a mecca for African American organizations to host their conferences and conventions including; The National Urban League Association of Executives, The National Black Caucus of State Legislators, The 100 Black Men of America, the National Black Nurses Association, Inc., and the National Association of Black Accountants. These groups have contributed millions of dollars into Broward County’s tourism industry. Prior to the National Baptist Congress 105th Annual Session in June, GFLCVB will host the 58th South Atlantic Regional Conference of Alpha Kappa Alpha Sorority Incorporated, which will bring over 10,000 African American women to Broward County in April 2011.

For information or to register for the National Baptist Congress 105th Annual Session visit www.rhboydpublishing.com/congress/registration. To learn more about the GFLCVB visit www.sunny.org or contact Albert Tucker at 954-767-2456.

Better Business Bureau: Small Business Scams Watch List

Posted by PMac On February - 13 - 2011 ADD COMMENTS
 
(From the Better Business Bureau)
 
 
CHICAGO, IL – Being vigilant against fraud is not only important for a company’s bottom line, but it also strengthens customer trust in the business. Becoming a victim of fraud can have a negative financial and reputational impact on a business and the Better Business Bureau (BBB) recommends business owners train their staff to recognize seven common scams that prey on small companies.
 

Every year the BBB receives complaints from small business owners who have fallen for an invoicing scam or were misled into paying for products and services they didn’t want. Scammers aren’t always trying to steal money from a business; sometimes they are after a company’s financial or customer data and will use many kinds of high and low-tech methods to get it.

 

“Small business fraud can come from internal threats, such as employee fraud, or from external full-time scammers,” said Steve J. Bernas, president & CEO of the Better Business Bureau serving Chicago and Northern Illinois. “Because small business owners may often lack the time and resources to fight fraud, they are a popular mark for any number of different scams.”

 

The BBB is warning small business owners to look out for the following scams:

  1. Directory Scams – A perennial problem that has plagued businesses for decades involves deceptive sales for directories. Commonly the scammer will call the business claiming they just want to update the company’s entry in an online directory or the scammer might lie about being with the Yellow Pages. The business is later billed hundreds of dollars for listing services they didn’t agree to or for ads which they thought would be in the Yellow Pages.
  2. Data Breaches – No matter how vigilant your company is a data breach can still happen. Whether it’s the result of hackers, negligence or a disgruntled employee, a data breach can have a severe impact on the level of trust customers have in your business. You can learn how to defend your company from a data breach for free with the BBB’s Data Security – Made Simpler at www.bbb.org/data-security 
  3. Stolen Identity – Scammers will often pretend to be a legitimate company for the purposes of ripping off consumers. When it comes to stolen identity, the company doesn’t necessarily lose money, but their reputation is potentially tarnished as angry customers who were ripped off by the scammers think the real company is responsible.
  4. Phishing E-mails – Some phishing e-mails specifically target small business owners with the goal of hacking into their computer or network. Common examples include e-mails pretending to be from the IRS claiming the company is being audited or phony e-mails from the BBB saying the company has received a complaint.  If you receive a suspicious e-mail from a government agency or the BBB, don’t click on any links or open any attachments. Contact the agency or the BBB directly to confirm the legitimacy of the e-mail.
  5. Office Supply Scams – Some scammers prey on small business owners hoping that they won’t notice a bill for office supplies like toner or paper which the company never ordered. 
  6. Overpayment Scams – Be extremely cautious if a customer overpays using a check or credit card and then asks you to wire the extra money back to them or to a third party. Overpayment scams target any number of different companies including catering businesses, manufacturers and wholesalers.
  7. Vanity Awards – While it’s flattering to be recognized for your hard work, some awards are just money-making schemes and have no actual merit. If you are approached about receiving a business or leadership award, research the opportunity carefully and be wary if you’re asked to pay money.

For more advice on how to manage your business effectively, visit www.bbb.org 

Montgomery: “African Americans only ethnic group that votes for blacks and whites, others support their own”

Posted by PMac On February - 13 - 2011 ADD COMMENTS

 

By Chinta Strausberg

 
While co-hosting WVON’s “Matt & Perri” show Monday, Attorney James D. Montgomery described the voting patterns in Chicago as whites usually voting for their own, Hispanics voting for Hispanics but blacks being the only ethnic group that votes both African Americans and white.

He said Blacks are the only ethnic group that shares their votes and attributes this pattern to racism.

Matt McGill, the host, was joined by Montgomery, who was the late Mayor Harold Washington’s corporation counsel, and journalist/WVON talk show host Salim Muwakkil. They were discussing the upcoming February 22, 2011 election which ironically falls on the same day 27-years ago that Washington was elected mayor.

The major mayoral candidates running for mayor are: Carol Moseley Braun, Rahm Emanuel, Miguel del Valle. Also running, but not showing at least a one percent rating in the polls are William “Dock” Walls and Rev. Patricia Van-Pelt Watkins.

Asked by McGill why don’t blacks vote for the best candidate rather than by race, Muwakkil said, “All of this black electoral politics movement…after the great Gary convention in 1972, a lot of African American organizations, kind of a consensus, that electoral politics was the next step of the civil rights movement. So, electoral politics took on an added dimension for many African Americans not simply electing the best candidate on paper but also the best candidate in terms of his historical importance and historical context.

“And, for many African Americans, that was a black candidate because they were typically the only candidates that paid any attention to the black constituency. You are right (McGill), it could be seen as two different things….

“Even at this late date so many years after that 1972 convention, we are still looking for electoral politics as a way to give us a sense of meaning and a sense of integrity and the fact that we have some validity…,” said Muwakkil.

He thinks that is why many Blacks became involved with the Barack Obama campaign. “There were issues that transcended electoral politics involved in that particular campaign and I think that’s the case today,” Muwakkil reasoned.

When McGill asked what is the best candidate for the city or the best candidate for African Americans and whether there can be two candidates, Montgomery said, “Absolutely.”

Explaining, Montgomery said, “I think there is a double think in that question. One is can you present yourself as a ‘black candidate’ in a majority white electorate area and the answer is no.

“Can you vote your own interest; i.e., vote on the basis of race in order to get better political representation at the table and I think that’s absolutely you can say that the best candidate for African Americans is the one we need to be concerned about,” he said.

“A part of what we have what I call a great disadvantage to our people is that we tend to believe an act on the proposition that the white man’s ice is colder,” Montgomery stated. 

“We buy from the white man. We don’t buy from each other. We go professionally to the white man because we have a feeling is what ever ours is lesser and what ever theirs is better and that is an unfortunate situation that I think we need to face it on and not sort of skirt around this…the sidelines.

“That is one of the great frustration in politics for me and that is I look at Hispanics who are together at every political election. I look at them organize for their own interests. I look at them getting more from the table politically than African Americans, and I take my hat off to them because that is the nature of the beast called politics,” Montgomery explained. “If you don’t participate with your vote, you don’t participate at the table,” he said.

In looking at three major candidates, Montgomery said, “I see no connection whatsoever historically on the part of  Rahm Emanuel.

“When we interviewed him and talked to him, it is pretty clear that he has no real concept of what being an African American is and African American life is in Chicago and so for me by definition, he cannot be the best person for the black community,” attorney Montgomery reasoned.

“I’m very passionate about that. On the other hand, I look at Gery Chico and I see in him a heck more better understanding of where we are and of course with Carol, in my judgment, you can’t beat the black experience from her perspective because she has experienced it,” said Montgomery.

Senator Rickey Hendon (D-5th) called into WVON praising Montgomery for being one of those in the meeting that encouraged Rep. Danny K. Davis (D-7th) to drop out of the mayoral race. “Now, we have to get over our pain,” said Hendon.

“We have to get beyond our disappointment, beyond on who we wanted…. It’s Black History Month…. It’s not about how the coalition choice came out or what happened at PUSH. We have to get busy. We have to win because if we lose this one we will be laughing stock of the world…not just looking at New York…,” said Hendon.

“Everybody expects Chicago to lead the black community in political aspirations, and we are failing. We need to state that, man up. Who ever your candidate is for mayor…you have to work hard for that person. Get beyond your pain and let’s get to work,” said the senator.

Asked by McGill how does one help the West Side get over their pain given the withdrawal of Rep. Davis, Hendon said, “It’s not the West Siders doing it. We are the step kids. We’re the ones who get the crumbs that are left from what black folks are trying to get. Black folks don’t get nothing and the West Siders are going to get the crumbs from that. So, it’s not us.”

Hendon said Rep. Davis has held many meetings talking about getting over the pain. However, Hendon said there is a classism problem as well. “The wealthy blacks have to stop separating themselves from those who have a little less because we’re all in this mess together,” said Hendon.

“That is what our message is on the West Side…. It is too much to lose,” he said also asking blacks to vote for Patricia Horton for City Clerk.

Muwakkil said the political pain still felt by some West Siders after Davis dropped out of the mayoral election. “Yes that is a side issue, but it is also a surrogate issue for class divisions as well…. The least of those feel somewhat that South Siders are more economically privileged and better class connections than they do….”

Asked if there was a class issue in supporting the late Mayor Harold Washington, Montgomery explained that back then there was no prominent popular West Side candidate versus a prominent popular South Side candidate. “You did not have that division,” said Montgomery.

He said Washington was the sole black candidate. “He was a rare breed and a party guy…who had a streak of independence that focused on our concerns. He was one of the few guys in elective politics who I think the black community genuinely had a lot of respect for,” said Montgomery.

When asked by McGill how does one deal with classism in 2011, Montgomery said, “Class differences and all differences among black folks have been our downfall. I think West Side/South Side is like many of the other differences that we deal with as a people,” he said following McGill’s suggestions of “house Negro, field Negro, light-skinned, dark-skinned, good hair, and bad hair….”

Asked if anything surprise them about the campaign, Muwakkil said he is surprised that the media have given Emanuel a past. He gave as an example when Emanuel was asked in the Fannie Mae involvement with foreclosures. Muwakkil said Emanuel responded “with his experiences with CHA.

“Many people regard that whole plan for (CHA) transformation as something that as badly bungled; yet he is using that as a kind of qualification and the media is not questioning that notion, and that is a little surprising that the media has given Emanuel such a past,” said Muwakkil.

Montgomery said he is troubled about Emanuel and this election. “Starting around September when polling first started. The business group did a poll. It was pretty clear when you pitted Rahm against any of the three major black candidates in terms of polling, he was equal to the best of the three.

“He started out with a polling in the black community at 50 percent of the black vote against the best black candidate as perceived by one poll or another,” Montgomery said.

He asked: “What is his claim to the black vote, and it occurred to me that a part of it had to be the fact that he is  de facto endorsee by the president of the United States. I think that many people perceived that Barack Obama has wrapped his arms around him and endorsed him and of course our people rightfully love the president. I think that issue has not been addressed because it is a very delicate issue to address,” said Montgomery.

McGill does not think that native Chicagoans are not influenced by Obama’s de facto endorsement. Muwakkil said he too is surprised “that the kind of loyalty and allegiance that all African Americans give President Obama. His influence is truly pervasive and that is really surprising.

“It’s hard to get any kind of conversation about the merits of his administration or some of his preferences without black people saying…we have to go along with this brother. He has really become an untouchable…and that is surprising to me,” said Muwakkil.

When McGill asked if Obama publicly endorsed Emanuel would that shift votes with the black electorate both Muwakkil and Montgomery agreed that it would.

“I think that he, like Mayor Washington, becomes a hero figure for the black community whether they are old-timers or Johnny-come-lately.  The bottom line is that our kids look upon this president as being somebody that they can be one day and that is a major piece,” Montgomery stated.

Muwakkil quoted attorney Tom N. Todd, who keynoted a community event at Quinn Chapel over the weekend. “He said that the only thing that we have received from the Obama administration is hope, history and pride where other constituencies actually get resources and political considerations. We have get received that kind of consideration.”

Montgomery explained, “ You’ve got white people electing the president because black people could not elect them themselves….” He hopes Obama is successful in his re-election bid.

McGill asked Montgomery’s opinions of an article outlining how the four major mayoral candidates handle their own personal finances and how Washington was not good at managing his own money. “I think they are using this to belittle Carol,” he said referring to Braun’s struggles with her small business and paying her mortgage.

“Harold was not a guy who had a lot of assets. Money was not important to him, but he was a tremendously excellent leader for our community. Here is a guy who changed the whole culture of Chicago politics in the sense that government was opened up under Harold. It was a whole new day when we stopped hiding stuff and made things transparent in Chicago,” Montgomery said.

Former Cook County Board President Todd H. Stroger called in saying he too saw the West Side/South Side difference. “That is why Danny Davis is always put up for every office because they feel he is the shining star of the West Side and the South Side feels we have no connection whatsoever. We have nothing in common. That’s not true, but that’s the feeling.”

Stroger said younger voters “want to step from the black politicians. They don’t feel a connection to them either. They want to do their own thing and try to create something without blacks in government, but I don’t think that will work. You really need everyone working together.”

McGill said many young blacks who are products of an integrated society feel it is a “personal affront” to talk about supporting black candidates. “They want to live in this world that does not tag them like that….”

Stroger said, “We are still segregated and if they forget that that is why we are in the trouble we are in now because we don’t have anything. I don’t care where you live. If you live on the North Side, you are still connected to the West Side and the South Side.”

Montgomery agreed saying, “We need to focus on what we have in common and not our differences…because we do have one common enemy and that is racism and if we just focus on that, then we can make some better political judgments and other judgments.”

Stroger pointed out that young people want to see more money to create businesses but that has not been high on the agendas of black politicians.

McGill said a lot of young blacks who, like Tiger Woods, who grew up in an integrated society and do not identify with their race. “There’s a downside to that because there is a void of reality if you buy into that America is not” a nation “that looks at you as a black person.”

Montgomery added: “The young folks who are educated through the universities of this country which are largely integrated are programmed to believe in the American ideal that if you work hard and do good, you’ll be very successful.

“And, many of them decry this notion of being black or thinking black but rather they would say this is a free and equal society. The history, they don’t know anything about and rather forget about it, and it doesn’t work,” said Montgomery.

When one caller was critical of the major black mayoral candidates and believe they are not qualified and that he does not see any results from their being in office, Montgomery set him straight. “The people who are running things who are largely white politicians are the people in charge of the policies that result in these evils you are talking about and yet you give the edge to those people and you are hypercritical of a black candidate.

“You talk about being together. Of course, I’m with you on that, but together doesn’t mean being just together on 79th Street. It means together in terms of exercising your political power. You have no power if you’re divided within your self. If we are a people who are voting ‘a conscious,’ then we are a bunch of idiots in my judgments,” Montgomery said.

“To the extent that we vote together as a bloc, it doesn’t matter who gets elected mayor, they will respect your power and your togetherness, but if you are separated as we are and as we tend to be in election after election, we will be divided and destroyed and rendered powerless,” said Montgomery.

All agreed Blacks should become more unified with their purpose and focused on the common problems and differences rather than create chasms that dilute their effectiveness in sharing the wealth of Chicago politics.

The mayoral election will be held on Tuesday, February 22, 2011, which is exactly 28-years to the day where Harold Washington was elected as the first African American in Chicago.

According to Jim Allen, director of Communications for the Chicago Board of Commissioners, in response to the “Blizzard of 2011’s” closing of the polls last week, the Election Board has worked with the city in striking an accord that weather permitting, all 51 Early Voting sites will be open on Lincoln’s Birthday, Friday, February 11, from 9 a.m. to 5 p.m.

Early Voting will be available through February 17, 2011. Voters may use any of these sites regardless of where they reside. They should bring government-issued photo identification.

Chinta Strausberg is a  Journalist and Investigative News Reporter for more than 30-years and currently a talk show host on the PCC Network.

Trevor Ariza Foundation VIP gala marks grand opening of Buffalo Wild Wings® at the new Baldwin Hills Crenshaw Plaza premiering February 17

Posted by PMac On February - 13 - 2011 1 COMMENT

All-Star weekend event to raise awareness for asthma-related illnesses

 

buffalo_wild_wings_baldwin_hillsFranchisees Karim Webb and Edward Barnett
Credit: Jason Clark Foto

 
Los Angeles, CA (BlackNews.com) – Champion basketball player and veteran athlete Trevor Ariza brings his self-named Trevor Ariza Foundation (TAF) to Los Angeles as Host of the All-star Weekend VIP gala. The sports-themed benefit will be held in conjunction with the historic Feast of Flavors grand-opening celebration for the all-new Buffalo Wild Wings® Grill & Bar in Baldwin Hills, the first casual-dining franchise restaurant to hit South Los Angeles in 25 years (soft launch debuts on January 31).
 
The exclusive, invite-only event will be held on Thursday, February 17 from 4-8pm, and marks a significant first milestone in the transformation of the new Baldwin Hills Crenshaw Plaza and revitalization of the Crenshaw District.
 
 Professional Athletes and celebrities from music, fashion, TV, film and more will have the opportunity to stroll down the Yellow Carpet, pose for photographs, sample cocktails, get an inside look at the new Baldwin Hills Crenshaw Plaza coming in 2011 and to exclusively sample the festival of flavors that Buffalo Wild Wings has to offer on its menu and the bar. More importantly, attendees will have the chance to come together to raise awareness and resources to combat the disease of asthma that afflicts millions of Americans and children while also taking part of the exciting, historic restaurant launch which is another highlight in the Plaza’s vibrant $30 million dollar upgrade to the 43-acre property.
 
As part of the on-going transformation mall-owner Capri Urban Investors, LLC (”Capri”) has signed a deal that will expand the dining options available to the local community.
 
“We are delighted have Buffalo Wild Wings open their doors at Baldwin Hills Crenshaw Plaza,” said Ken Lombard, President of Capri Urban Investors, LLC and Partner of Capri Capital Partners, LLC. “So much of our focus is on adding value to this facility, and one important way we do that is by providing a great mix of retailers and restaurants. The Buffalo Wild Wings franchise has a fantastic track record, and I believe the new restaurant will be very well-received in the community.”
 
Franchisees Karim Webb and Edward Barnett will open the very first Buffalo Wild Wings® in Los Angeles, in the reconstructed home of the former Hollywood Video. The sports-themed family restaurant will feature 45 plasma screens and 10 projector screens for ultimate event and sports viewing. The franchisee owners, who also own Buffalo Wild Wings® Torrance, wanted to do more for the community than just opening the restaurant with a soft launch.
 
“Our team is fired-up about hosting an event to highlight the great work of the Trevor Ariza Foundation and the historic redevelopment of the Baldwin Hills Crenshaw Plaza,” said Webb. “We’re equally excited about bringing 110 new jobs to South Los Angeles. And, we’ll be sure to keep the enthusiasm going throughout the entire All-star Weekend and in the New Year.”
 
Early in his career, Trevor was diagnosed with Exercise Induced Asthma, a disease that affects many unfortunate Americans. In response to this life-altering disease he didn’t let this disable him. Trevor later went on to emerge into a rising star and decided to use his celebrity to spearhead TAF, a non-profit organization dedicated to the support, information, education and advocacy of asthma disease.
 
“I am all about giving back to the community. I’m excited to be able to bring a quality restaurant and, more importantly, sorely needed jobs to the community that I come from,” said Ariza. “As an asthma sufferer, it’s great to be able to use this Grand Opening as a vehicle to raise awareness and funds to pay for asthma treatments on behalf of underprivileged kids.”
 
The primary goal of foundation is to increase awareness and educate patients and the general public about factors contributing to health problems in allergic and non-allergic asthmatic athletes and children. More importantly, TAF works to generate resources that provide asthma treatments and medications to financially challenged individuals in need because there’s nothing delicious about asthma.
 
ABOUT THE TREVOR ARIZA FOUNDATION
The primary goal of foundation is to increase awareness and educate patients and the general public about factors contributing to health problems in allergic and non-allergic asthmatic athletes and children. More importantly, TAF works to generate resources that provide asthma treatments and medications to financially challenged individuals in need. Learn more at www.trevorarizafoundation.com or Follow TAF on Twitter for the latest events, updates, and tips to combat asthma symptoms.
 
ABOUT CAPRI CAPITAL PARTNERS
Capri Capital Partners, LLC is the investment manager of Capri Urban Investors, LLC, a real estate private equity fund, which is the owner of Baldwin Hills Crenshaw Plaza on behalf of institutional investors. Ken Lombard is President of Capri Urban Investors, LLC and Partner of Capri Capital Partners, LLC – entities behind the transformation of the Baldwin Hills Crenshaw Plaza.
 
Headquartered in Chicago, Capri Capital Partners, LLC is an institutional real estate investment advisory firm, investing and managing commercial real estate properties and portfolios since 1992. Capri offers a broad spectrum of equity and debt products to its customers through separate account and commingled fund vehicles. Diversified assets managed on behalf of its pension fund and other institutional clients totaled $3.348 billion in fair market value as of June 30, 2010. Learn more at www.capricapital.com or www.bhcp-redevelopment.com.
 
ABOUT BUFFALO WILD WINGS BAR & GRILL BALDWIN HILLS
Buffalo Wild Wings is known for its 14 signature sauces, making its wings and other menu items customizable creations. Sauces include, from mildest to hottest, Sweet BBQ, Teriyaki, Mild, Parmesan Garlic(TM), Medium, Honey BBQ(TM), Spicy Garlic, Asian Zing(TM), Caribbean Jerk, Hot BBQ, Hot, Mango Habanero(TM), Wild(TM) and Blazin’®. With Buffalo Wild Wings’ 14 signature sauces running the gamut from Mild to Blazin®, every taste bud can find a flavor to crave. Its boldly flavored menu includes boneless wings, specialty burgers and sandwiches, flatbreads, ribs, finger foods, wraps, salads and Naked Tenders®, but the main attraction continues to be Buffalo NY-style chicken wings. A variety of limited-time special offerings will keep the menu new and fresh. Buffalo Wild Wings will also have two signature events each week; Wing Tuesdays® and Boneless Thursdays®, where guests can order their favorite traditional or boneless wings at a special price. There are currently 711 Buffalo Wild Wings located in 43 states. For more information visit www.buffalowildwings.com, or follow Buffalo Wild Wings Baldwin Hills on Twitter.
 

Report: Health Reform gives families, small businesses more choices

Posted by PMac On February - 13 - 2011 ADD COMMENTS

A new HHS report finds that some families could save up to $14,900 a year, while small businesses could save up to $6 billion over two years.

 

By Viji Sundaram

(Distributed by New America Media)

www.newamericamedia.org

 

Secretary of Health and Human Services (HHS) Kathleen Sebelius released a report Jan. 28 that says that each year from the time the health care reform law is fully implemented in 2014, a low-income family of four could save up to $14,900. Small businesses will also be able to save from the tax credits offered in the law.

“For too long, skyrocketing health care costs have made it hard for businesses to provide coverage for employees, and have made it difficult for families to afford coverage,” said Sebelius. “The Affordable Care Act is providing families and businesses with more freedom, choices, and savings in their health care coverage.

“Without the Affordable Care Act,” she added, “consumers and businesses would face higher premiums, fewer insurance choices, and rapidly rising health care costs.”

One of the important provisions for individuals and businesses in the ACA is the state-based health exchanges through which people can compare benefits and services before buying insurance. California is the first state in the nation to set up such an exchange. According to the HHS report, a middle-class family purchasing private insurance through the exchange could save as much as $2,300 a year.

Starting in 2014, the exchanges will allow individuals and small businesses to pool together and use their market strength to buy coverage at a lower cost.

Among the report’s other highlights are:

* Tax credits provided by the ACA will lead to even greater savings. For example, in 2014, a low-income family of four could not only save as much as $14,900 per year they will also qualify for tax credits and reduced cost sharing.
* In 2014, small businesses, on average, could save up to $350 per family policy, and many of them may be eligible for tax credits of up to 50 percent of their premiums.
* The tax credits are already available to small businesses, and cover 35 percent of their premiums. For example, a firm with 10 workers who earn an average of $20,000 annually could currently receive credits of $35,000 annually. These tax credits could save small businesses $6 billion in 2010 and 2011.
* All businesses will likely see lower premiums by 2019, which could generate millions of dollars in savings.

These savings are in sharp contrast to the rising insurance costs families and businesses have experienced over the previous decade. From 1999 to 2009, premiums more than doubled, rising by over $7,500 for the average family that gets insurance through an employer.
The high cost of health care made it difficult for many small businesses to offer insurance to their workers. The percentage of small employers offering health insurance dropped from 65 to 59 percent between 1999 and 2009.

The report outlines several of the provisions of the ACA that HHS has already begun to implement that will help create these savings, including provisions to increase transparency in the health insurance marketplace. In 2011, most health insurance companies will be required to spend at least 80 percent of premium dollars on health care and quality improvements, rather than overhead and administrative costs. States have received new resources to improve their review of proposed health insurance premium rate increases, and HHS has proposed that, in 2011, any proposed rate increase above 10 percent should be reviewed.

In addition, businesses are receiving new resources to help meet rising health care costs for employees and retirees. Many small businesses are already eligible for tax credits that cover up to 35 percent of insurance costs for their employees. And more than 5,000 sponsors have been accepted into the Early Retiree Reinsurance Program, which is designed to provide financial relief to help early retirees and their families continue to have quality, affordable health coverage.

The entire report can be found at: http://www.healthcare.gov/center/reports/premiums01282011a.pdf

Visit New America Media’s Web Site at www.newamericamedia.org or you can write to them at: 275 9th Street, San Francisco, CA 94103 | Tel. 415-503-4170.
www.newamericamedia.org

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Welcome to CopyLine Magazine! The first issue of CopyLine Magazine was published in November, 1990, by Editor & Publisher Juanita Bratcher. CopyLine’s main focus is on the political arena – to inform our readers and analyze many of the pressing issues of the day - controversial or otherwise. Our objectives are clear – to keep you abreast of political happenings and maneuvering in the political arena, by reporting and providing provocative commentaries on various issues. For more about CopyLine Magazine, CopyLine Blog, and CopyLine Television/Video, please visit juanitabratcher.com, copylinemagazine.com, and oneononetelevision.com. Bratcher has been a News/Reporter, Author, Publisher, and Journalist for 33 years. She is the author of six books, including “Harold: The Making of a Big City Mayor” (Harold Washington), Chicago’s first African-American mayor; and “Beyond the Boardroom: Empowering a New Generation of Leaders,” about John Herman Stroger, Jr., the first African-American elected President of the Cook County Board. Bratcher is also a Poet/Songwriter, with 17 records – produced by HillTop Records of Hollywood, California. Juanita Bratcher Publisher

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