Senator James Lankford (R-OK) today applauded Senate passage of an Obamacare reform bill that he co-sponsored, the Protecting Affordable Coverage for Employees (PACE) Act. This bill would protect small businesses from healthcare premium increases under Obamacare, by allowing states to maintain the current small group market definition, which applies to businesses with up to 50 employees. Doing so would prevent premium increases and disruption for small and mid-sized businesses, because they're not held to the same mandates as large companies.
"Years after its implementation, I am still committed to protecting Oklahomans from the harmful effects of Obamacare," said Lankford. "I'm pleased that this commonsense bill has finally passed Congress and is on its way to the President's desk for his signature. By allowing states to maintain the current small group market definition of 50 employees, we're able to protect small businesses from one of the burdens of complying with the law. Many Oklahoma small business owners and officials are concerned about how their company will survive under the Obamacare mandates. Repealing this provision protects the jobs of thousands of Oklahomans."