Congress approved bipartisan legislation aimed at preventing premium increases that some small businesses were expecting next year under the Affordable Care Act.
The law now defines small businesses as those with up to 50 employees. That number expands Jan. 1 to 100. The bill approved last week would keep the small-business definition at 50 workers but let states increase the number if they choose. Business groups complained that a change in definition would raise many employers’ healthcare costs. The Senate sent the bill by a voice vote to President Barack Obama for his expected signature.