LEAGUE OF BLACK WOMEN
Global Leadership Conference
How will you be affected by the Affordable Care Act?
On June 28, the U.S. Supreme Court upheld the constitutionality of the healthcare reform law. The decision was a major victory for President Barack Obama and reform advocates, but what does it mean for you? Find out for yourself. Watch this video to get the facts.
THE WHITE HOUSE
Office of the Press Secretary
FOR IMMEDIATE RELEASE
June 28, 2012
FACT SHEET: The Affordable Care Act: Secure Health Coverage for the Middle Class
The Supreme Court’s decision to uphold the Affordable Care Act ensures hard-working, middle class families will get the security they deserve and protects every American from the worst insurance company abuses. This law was also specifically designed to give States the resources and flexibility they need to tailor their approach to their unique needs. With the uncertainty about the Court’s decision behind us, it’s now time to focus on implementing this law in a smart and non-bureaucratic way that works for the middle class.
Benefits and Protections for the Middle Class: The Affordable Care Act includes numerous provisions to keep health care costs low, promote prevention, and hold insurance companies accountable. If you’re one of the 250 million Americans who already have health care – whether through private insurance, Medicare, or Medicaid – the Affordable Care Act is already making your coverage more secure.
If you are one of the 30 million Americans who don’t yet have health insurance, starting in 2014 this law will offer you an array of quality, affordable, private health insurance plans to choose from. If you need care, you will finally have the same opportunity to get quality, affordable coverage as everyone else.
Coverage for Americans with Pre-Existing Conditions: A major impact of the Court’s decision is that 129 million people with pre-existing conditions will have the security of affordable health coverage. Starting in 2014, insurance companies can no longer charge you more, carve out benefits, or deny you coverage altogether because you have cancer or diabetes or simply because you are a woman. To make these protections affordable, people with and without pre-existing conditions should be insured, since everyone at some time needs health care.
Tax Credits for Middle Class Families and Small Businesses: Millions of Americans will soon be eligible for tax credits to ensure that their health insurance is affordable. Under today’s ruling, having health insurance is and will continue to be a choice. If you can’t afford insurance or you’re a small business that wants to provide affordable insurance to your employees, you’ll get tax credits that make coverage affordable. But starting in 2014, if you can afford insurance and you choose not to purchase it, the taxpayers will no longer subsidize your care for free. The Court’s ruling today allows Congress to hold the projected 1% of Americans who will be able to afford health insurance but will choose not to buy it responsible for that choice. Many small businesses are already receiving tax credits so they can afford to offer quality health care to their employees. To date, 360,000 businesses that employ 2 million workers have already benefitted from the small business tax cuts in the law. And once the Affordable Care Act takes full effect, about 18 million individuals and families will get tax credits for health insurance coverage averaging about $4,000 apiece.
Support for State Implementation of Affordable Insurance Exchanges: With the uncertainty of the Court decision behind us, we will step up our work with States to implement Affordable Insurance Exchanges. Exchanges are new marketplaces, starting in 2014, that will allow individuals and small businesses to compare and choose private health plans. Each State will take the lead in designing its own menu of options. Already, 34 States including the District of Columbia have received 100 percent Federally funded grants to build Exchanges. The use of Exchange grants includes support for activities related to running Exchanges in their start-up year.
States can also implement their own brand of reform through Innovation Waivers starting in 2017. If States can come up with even better ways of covering people at the same quality and low cost, this law allows them to do so. The Administration supports bipartisan legislation to allow States to start such Waivers in 2014.
Moving Forward, Not Back: No political party has a monopoly on good ideas, and the President will work with anyone to provide basic security for middle class families and end the worst insurance company abuses. But rather than refight old partisan battles by starting over on health care and repealing basic protections that provide security for the middle class, Congress needs to work together to focus on the economy and creating jobs. Right now, Congress should act on the President’s concrete plans to create an economy built to last by reducing the deficit in a balanced way and investing in education, clean energy, infrastructure, and innovation.
Deputy Press Secretary
Office of Communications and Public Liaison
Small Business Administration
Thanks to all who participated in our post-conference survey. Here are comments and a summary of the results.
100 percent said they’d recommend the conference to a colleague or friend
100 percent said the Rosebud Mentor program was a fine demonstration of Black women using the power of their position to advance the next generation.
80 percent said they were very satisfied with their overall experience at the conference. The rest said they were satisfied.
59 percent said they’d be willing to work with LBW to bring your employer on as a corporate sponsor
50 percent said they’d be willing to work on the LBW conference planning committee for 2013.
Which panels/speakers resonated with you the most?
All of the speakers did a great job, but presentations by Madeline Eason, Valorie Burton, and Denise Brooks-Williams were the most beneficial to me. I get the most out of individual presenters that get to the core of delivering what we need to do to enhance our overall professional development. Uplifting messages from the powerful presenters during the meals was the icing on the cake!
There were several workshops on advancing your career in a corporate environment. I found all of those to be helpful, insightful and impactful.
Leadership. In what ways were you called to action?
Thinking more internally about my skills and sharing them by mentoring other young women.
I was truly motivated to raise my status to a position of power.
I am empowered to be the best leader that I can be – Having passion in my chosen career path – Understanding the barriers that can prevent me from achieving my set goals in my career – Importance in balancing your career and family life – It is extremely important to continue to enhance my skill sets in my current role – Leadership from behind: As I excel as a leader I have to remember to pull up the ones behind me and encourage them in their career journey.
“If you’re not at at the table then you’re on the menu.”…..I’ve become more active at pursing opportunities that I WANT to be at the table for.
I’m always reminded of my responsibility to live not just for me, but for others. I see a responsibility for mentee that I was assigned during the conference and have reached out to her to offer full support. I see the plight Black women now as one that needs to be fought for aggressively. We need to prepare a pipeline for those women who are being launched into high profile positions many times without the support of a sponsor.
Provided other women with information from the conference, particularly the Health Equity Quiz which leads to excellent discussion. Will work on the Obama campaign.
My leadership take away was for me to find a mentor and a coach.
To invest more effort into empowering myself.
I have always been aware that managing my career is my responsibility but I was awakened to be a better steward of my responsibility and to actively seek to progress upward based on my tenacity and skill in working my networks and the job market to reach my career goals.
I really enjoyed the discussion regarding health care disparities and how to live life healthier as well as how important it is to understand how to navigate the hospital system to ensure you’re receiving quality care.
Would you like the 2013 conference to be at a resort location or in a major metropolitan area?
Most of you (67 percent) said you would like the 2013 conference to be held at a resort location
Panels and speakers you’d like to see at future conferences
Ursula Burns of Xerox, the only Black female CEO of the Fortune 500
I’d like to see more individualized teaching as opposed to panels.
Mid-management discussion; starting your own business; multi-tasking as a working woman
Michelle Obama; health issues with African American women.
More statistical work like that presented by Dr. Livingston on Black women and then practical ways to change negative statistics.
I like to hear more about women who’ve risen to the top but have fallen and then got back up. Those omen who have rebranded themselves. Like the runner who lost her Olympic medals Marion Anderson.
Would love a forum for aspiring writers to attend since I met a lot of those at the last conference.
A continued focus on Coaching and Mentoring, Black Women and Our Health Concerns, for those seeking career changes what’s new.
I would like to see the economic divide addressed at a future event. Specifically addressing the erosion of Middle Class America and how or what Black women in leadership are doing or can do to address this issue.
Topics: The importance of creating a diverse and inclusive work environment Starting your own business Speakers: Michael Baisden
Follow the link: https://leagueofblackwomen.webex.com/leagueofblackwomen/lsr.php?AT=pb&SP=EC&rID=66006372&rKey=3f93273792d28dc7 to hear Kim Seymour, Vice President for Executive Talent Planning, as well as Vice President for U.S. Consumer Services — HR for AmEx, share the unwritten rules that influence why some get ahead and some get left behind, focusing on the critical effect of sponsorship.
As Vice President of Executive Talent Planning, Kim directs American Express’ human capital strategy for the executive population globally, encompassing assessment, development and deployment decisions for its senior-most leaders. As the senior HR generalist for American Express’ Consumer Services business in the U.S., she is responsible for directing a human resources team covering 3,000+ employees. This position plays a critical role in the development and delivery of human capital strategies in support of an ambitious set of business goals that include accelerating revenue momentum, delivering world class relationship management to its partners, and driving global improvements in both innovation and organizational effectiveness.
Check out the “The Sponsorship Effect” report.
Professional Black women lack sponsorship and encouragement for risk taking at work. Diversity and inclusion efforts have failed to translate into rewards and recognition for their risk investments, according to Risk and Reward, commissioned by the League of Black Women Global Leadership Institute.
Black women are high risk takers, but support of feminist values and 40-plus years of diversity and inclusion efforts have failed to translate into the rewards and recognition they had expected for their risk investments, according to Risk and Reward.
Nearly half (49 percent) of respondents to the groundbreaking Risk and Reward Survey said they were behind where they had expected to be in their careers. The majority (64 percent) said “Not getting paid what I am worth” is the key barrier to their personal and professional well-being, followed by “lack of other Black women in positions of power” and “lack of resources and opportunities to pursue my goals.”
The survey also found that Black women get the least encouragement for risk taking at work and in their communities; they feel the least freedom to take risk in matters of public policy.
“Black women require workplaces where access to opportunity matches their global leadership ambitions,” said Sandra Finley, President and CEO of LBW. “To confidently take risks, Black women need support from their loved ones, community and powerful sponsors who are willing and able to support their advancement. Black women will no longer be distracted by superficial inclusion cheerleading.”
The LBW developed the Risk and Reward Survey, the first to measure professional Black women’s risk tolerance, with a team of researchers at DePaul University. The report includes recommendations for Black women about how to redefine risk strategy. It also calls on corporations to create environments that support risk taking and to immediately and deliberately diversify corporate boards. Currently, just 1.9 percent of corporate board seats are held by Black women, compared to 12 percent for white women.
To view or download the report, click here.