Sen. Tim Scott (R-SC) released a formal statement after President Barack Obama signed the Protecting Affordable Care for Employees (PACE) Act into law this week.
Scott was the sponsor of the Senate version of the bill (S. 1099), with Rep. Brett Guthrie (R-KY) introducing the House version (H.R. 1624).
"With the PACE Act quickly signed into law, we have taken a great step forward in protecting small and mid-sized businesses from the harmful effects of Obamacare," Scott said. "I want to thank my House colleague Rep. Brett Guthrie for his important work on the PACE Act, and all of our cosponsors for their support.I am pleased we were able to stop the growth of Obamacare and block implementation of this harmful rule. I remain committed to a full repeal of the health care law, and will keep working to find solutions that put doctors and patients in charge - not the federal government."
Before the PACE Act was passed, the Affordable Care Act called for the definition of state-based, small-group markets to change from 50 to include employers with up to 100 employees as of Jan. 1, 2016. This change would have required many small and mid-sized businesses to be subject to different rating rules and requirements, likely increasing the health insurance premiums for small businesses, their employees and their families.
Scott is a member of the Senate Health, Small Business and Finance committees.
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