Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, <<NOTE: Protecting Affordable Coverage for Employees Act. 42 USC 201 note.>>
This Act may be cited as the ``Protecting Affordable Coverage for Employees Act''.
INSURANCE MARKET PROVISIONS.
(a) PPACA Amendments.--Section 1304(b) of the Patient Protection and Affordable Care Act (42 U.S.C. 18024(b)) is amended-- (1) in paragraph (1), by striking ``101'' and inserting ``51''; (2) in paragraph (2), by striking ``100'' and inserting ``50''; and (3) by amending paragraph (3) to read as follows: ``(3) State option to extend definition of small employer.-- Notwithstanding paragraphs (1) and (2), nothing in this section shall prevent a State from applying this subsection by treating as a small employer, with respect to a calendar year and a plan year, an employer who employed an average of at least 1 but not more than 100 employees on business days during the preceding calendar year and who employs at least 1 employee on the first day of the plan year.''.
(b) PHSA Amendments.--Section 2791(e) of the Public Health Service Act (42 U.S.C. 300gg-91(e)) is amended-- (1) in paragraph (2), by striking ``101'' and inserting ``51''; (2) in paragraph (4), by striking ``100'' and inserting ``50''; and (3) by adding at the end the following new paragraph: ``(7) State option to extend definition of small employer.-- Notwithstanding paragraphs (2) and (4), nothing in this section shall prevent a State from applying this subsection by treating as a small employer, with respect to a calendar year and a plan year, an employer who employed an average of at least 1 but not more than 100 employees on business days during the preceding calendar year and who employs at least 1 employee on the first day of the plan year.''.
(c) Deposit of Savings Into Medicare Improvement Fund.--Section 1898(b)(1) of the Social Security Act (42 U.S.C. 1395iii(b)(1)) is amended by striking ``$0'' and inserting ``$205,000,000''.
Approved October 7, 2015.
LEGISLATIVE HISTORY--H.R. 1624: ---------------------------------------------------------------------------
CONGRESSIONAL RECORD, Vol. 161 (2015): Sept. 28, considered and passed House. Oct. 1, considered and passed Senate.
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