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April 1, 2014

King calls for raising ACA employer mandate threshold

U.S. Sen. Angus King has co-sponsored three bills to tweak the federal health care reform law, including a bill that would exempt businesses with 50 to 100 employees from a requirement that they provide health insurance to their workers.

The Maine Public Broadcasting Network reported King has co-sponsored the Small Business Stability Act, which would raise the threshold of the health reform law’s employer mandate to 100. The law’s employer mandate, set to take effect in 2016, would require employers with more than 50 employees to provide health insurance to workers.

The news station reported the Greg Dugal, president of the Maine Restaurant Association, said his group supports the change.

King has co-sponsored a second bill that would extend small business tax credits to more employers and for a longer period of time and a third that would add a high-deductible, low-premium insurance option for people buying insurance through federal or state health care exchanges set up by the reform law.

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