President Obama Signs Shaheen's Bill Into Law to Improve Health Care Reform Law for Small & Mid-Size Businesses

Press Release

Last night President Barack Obama signed into law U.S. Senator Jeanne Shaheen's (D-NH) bipartisan bill, introduced with Senator Tim Scott (R-SC), to protect America's small and mid-size businesses from potential healthcare premium increases under the Affordable Care Act (ACA). The Protecting Affordable Coverage for Employees (PACE) Act passed the House and Senate last week.

"Granite Staters want to see Democrats and Republicans working together for the good of New Hampshire and the country," said Shaheen. "The Affordable Care Act represents real progress for the tens of thousands of people in New Hampshire who now have access to health care, but it is not perfect and was always going to require some adjustments during implementation. This legislation makes a helpful change to the law for small and mid-size businesses by limiting potential premium increases and letting the states determine what's best for their market. I'm very pleased that, in this instance, Congress rose above the partisan squabbling to make this improvement to the health care reform bill and I hope it's a good omen for further cooperation."

Source