News Headlines Article

Congress changes Obamacare for larger small businesses
San Francisco Business Times

Congress just gave mid-sized businesses a break: Companies with 51 to 100 employees won’t be thrown into the small group market for health insurance next year under legislation that passed both the House and Senate this week. Many business groups and the National Association of Insurance Commissioners supported the Protecting Affordable Coverage for Employees Act, which restores the 50-employee threshold for the small group market. The legislation gives states the option, however, to expand it to 100 employees.