Smart Benefits: Small Businesses Remain Those with 50 or Less Employees

Rob Calise, GoLocalProv Business/Health Expert

Smart Benefits: Small Businesses Remain Those with 50 or Less Employees

President Obama
President Obama’s signature of the PACE Act this month will give some employers relief from the ACA. 

Under the ACA, small employers are subject to additional requirements, including the requirement to cover essential health benefits. Currently, small businesses are defined as those with fewer than 50 employees; however, that definition was slated to change on January 1 to include businesses with up to 100 employees. But the Protecting Affordable Coverage for Employees (PACE) Act repeals that mandated change.

The new law keeps the definition of small business at 50 workers, sparing employers with 51-100 employees anticipated increases in healthcare costs starting in 2016. States can accept this definition or take action to change it to include businesses with up to 100 employees.

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Rob Calise is the Managing Director, Employee Benefits. of Cornerstone|Gencorp , where he helps clients control the costs of employee benefits by focusing on consumer driven strategies and on how to best utilize the tax savings tools the government provides. Rob serves as Chairman of the Board of United Benefit Advisors, and is a board member of the Blue Cross & Blue Shield of RI Broker Advisory Board, United HealthCare of New England Broker Advisory Board and Rhode Island Business Healthcare Advisors Council. He is also a member of the National Association of Health Underwriters (NAHU), American Health Insurance Association (AHIA) and the Employers Council on Flexible Compensation (ECFC), as well as various human resource associations. Rob is a graduate of Bryant University with a BS in Finance.

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