ACA’s Definition of Small Employer for Insurance Groups Left Up to States
In what has become a regular occurrence, the Affordable Care Act (ACA) has seen another change, this time in the form of the Protecting Affordable Coverage for Employees (PACE) Act. The most recent bill, signed into law by President Barack Obama, allows states to change the definition of a small business for group insurance purposes, meaning premiums for thousands of employees may not increase as was originally feared.