Illinois law states continuation of health insurance coverage is only available to an employee or member who has been continuously insured under the group policy (and for similar benefits under any group policy which it replaced) during the entire 3 months period ending with such termination or reduction in hours below the minimum required by the group plan. However, for an employee or member who is involuntarily terminated between September 1, 2008 and December 31, 2009, continuation is available if the employee or member was insured under the group policy on the day prior to the termination.
Employers’ premiums for families’ health insurance topped $25,000 in 2024
Companies’ premiums for employees’ family health insurance increased at more than double the US inflation rate to over $25,000 in 2024 as costs of...
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