Bill to Protect Employees from Higher Health CostsApril 29, 2015
NSBA has sent a letter to the hill in support of the Protecting Affordable Coverage for Employees Act of 2015 (H.R. 1624), bipartisan legislation that aims to give flexibility to both states and small-to-medium-sized businesses in managing health care costs.
Introduced on March 25, by a bipartisan group of lawmakers, the bill gives states back the flexibility to decide whether to increase the small group size from 50 to 100 employees. Generally, small group health insurance rules have applied to employers with fewer than 50 employees, however under the Patient Protection and Affordable Care Act (PPACA) the rules governing small group plans will expand to groups of up to 100 employees beginning January 1, 2016. In doing so, many companies may see a significant increase in premiums, which could likely cause many of them to curtail coverage, drop coverage, or shift to a self-insurance option.
Reducing the high cost of health care on small businesses remains a top priority for NSBA. NSBA thanks Reps. Brett Guthrie (R-Ky.) and Tony Cárdenas (D-Calif.), Markwayne Mullin (R-Okla.), and Kyrsten Sinema (D-Ariz.) for their introduction of H.R. 1624.
Click here to view the letter.