Atlantic Pension Services Inc
The Retirement Plan Company (TRPC)/an ABG firm
Nicholas Pension Consultants
Compensation Strategies Group, Ltd.
Creative Pension Consultants, Inc.
Nova 401(k) Associates
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|Coalition Letter to Senators Supporting Small Group Expansion (S. 1099) Legislation (PDF)|
Society for Human Resource Management, U.S. Chamber of Commerce, and 17 other trade associations
May 22, 2015
"[We] applaud your introduction of legislation (S. 1099) maintaining the current definition of a small group market as 1-50 employees, and giving states the flexibility to expand the group size if the market conditions in their state necessitate the change.... Repealing the ACA-mandated expansion and returning to the historical role of state determination would allow flexibility and ensure a broad array of coverage options and mitigate dramatic premium increases. Expanding the small group market to include groups up to 100 at this time would reduce choice for this segment of the market.... [E]xpanding the small group market to include all groups with up to 100 employees would have an immediate impact on premiums due to new rating rules, required Essential Health Benefits, and minimum actuarial value and cost sharing requirements."
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