Congress Approves Substantive Change to the ACA
Posted on: 10/20/2015 4:35 PM
This month, Congress approved legislation that would make the biggest change to date to a key provision in the Affordable Care Act (ACA) regarding the definition of the small group health insurance market. In late September, the U.S. House of Representatives unanimously passed H.R. 1624, the Protecting Affordable Coverage for Employees (PACE) Act, which would allow states to choose whether to expand the small group market to include businesses with up to 100 employees, effectively halting the mandatory expansion of what constitutes a "small group" for insurance purposes. On October 1st, the Senate passed the House approved legislation with a strong bipartisan majority. The legislation now moves to the White House where President Obama has signaled his intention to sign the bill into law.
*Information courtesy of the Self-Insurance Institute of America