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Senate Passes ACA Small Group Market Rule Repeal

Quick Facts:

  • The PACE Act has been passed by the U.S. House of Representatives and Senate.
  • It is expected to be signed by the President due to bipartisan support of the change.
  • The ACA required state small group markets to be expanded to businesses with up to 100 employees.
  • The Act eliminates this requirement.
“The PACE Act gives states the option of expanding their small group markets to include businesses with up to 100 employees”

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This article is provided by GCG Financial, LLC. It is to be used for informational purposes only and is not intended to replace the advice of an insurance professional. Visit us at https://gcgfinancial.com. © 2011-2014 Zywave, Inc. All rights reserved. This information is for general informational purposes only. While we have attempted to provide current, accurate and clearly expressed information, this information is provided “as is” and GCG makes no representations or warranties regarding its accuracy or completeness. The information provided should not be construed as legal or tax advice or as a recommendation of any kind. Users should seek professional advice from their own attorneys and tax and benefit plan advisors with respect to their individual circumstances and needs.

 

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