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10/08/2015

PACE Act Benefits Small and Mid-sized NAHAD Members

On October 8, 2015, President Obama signed into law the NAW-supported Protecting Affordable Coverage for Employees Act (“PACE Act”).  The PACE Act which passed both the House of Representatives and the U.S. Senate by voice votes, amends the President’s health care law (the Patient Protection and Affordable Care Act (“PPACA”)) to permit the states to continue to include employers of 51-100 employees in the small group health insurance market.  PPACA had mandated the January 1, 2016 expansion of the small group market to include employers of 1-100 employees, requiring the movement of employers of 51-100 employees from the large group market to the small group market.

Enactment of the PACE Act is significant for three major reasons:

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