By SEMA Washington, D.C., Staff
The U.S. Congress passed legislation to relieve employers with 51 to 100 employees from additional burdens under the Affordable Care Act (ACA). Currently, the ACA would expand the definition of “small employer” to include employers of up to 100 employees rather than the current level of 50 employees. This legislation is necessary because current law could have the unintended effect of making it more difficult for employers to find affordable premiums at those lower levels. Employers with 50 or more full-time workers are required to offer insurance while it is voluntary for small companies that employ fewer than 50 full-time employees. President Obama intends to sign the bill into law.
For additional information, contact Eric Snyder at erics@sema.org.