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The American Recovery and Reinvestmentr Act gave a break to former employees of companiews with 20 or more employees by providing a subsidg that cuts the cost ofCOBRA health-care coveragde by 65 percent. Illinois is extending the same breai to workers laid off from smaller The bill signed by Quinn provides a 65 percentr health insurance payment subsidy to those who worked for companiezs with fewer than20 employees.
The bill gives employeeas of small businesses who lost their jobsafter 1, 2008, and who declined COBRAz because of its high a second chance to enter the Under this plan, those formed workers can continue their health insurance coverage and receivw a 65 percent premium reduction. The law also providesd up to an additional three months of coveraged for manyformer employees. Sen. Susan D-Highwood, and Rep. Kareh May, D-Highwood, sponsored the legislation.
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