Obama signs bill preserving the definition of 'small'

President Barack Obama has officially signed PACE — the Protecting Affordable Coverage for Employees Act, which was passed by Congress late last week. The PACE Act, which maintains the definition of small group small businesses to between 1 and 50 employees, will prevent a provision in the Affordable Care Act from taking effect Jan. 1, 2016. That provision would have expanded the definition to 1-100 employees, resulting in premium increases of as much as 40 percent for some people. The PACE Act…
Source: bizjournals.com Health Care:Biotechnology headlines - Category: Biotechnology Authors: Source Type: news