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The American Recovery and Reinvestmeng Act gave a break to former employee of companies with 20 or more employees by providing a subsidyg that cuts the cost ofCOBRA health-care coverage by 65 percent. Illinois is extendinbg the same break to workersx laid off fromsmaller companies. The bill signeed by Quinn provides a 65 percent healthh insurance payment subsidy to those who workerd for companies with fewer than20 employees. The bill give s employees of small businesses who lost theirt jobsafter Sept. 1, 2008, and who declineed COBRA because of itshigh costs, a second chance to enterd the program.
Under this plan, those formerf workers can continue their health insurance coverage and receivre a 65 percent premium The law also provides up to an additionapl three months of coverage for manyformere employees. Sen. Susan Garrett, D-Highwood, and Rep. Karen May, sponsored the legislation.
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