After failing to override the governor’s veto of a similar bill last year, Illinois House Democrats are again trying to create a state-funded workers’ compensation company, but businesses most impacted by the state’s high costs say the plan is not what they’re looking for.

 

Earlier this month, the House Labor and Commerce Committee passed state Rep. Laura Fine’s bill that would create a workers compensation insurance company using $10 million from a state fund.

 

Fine, D-Glenview, argued the measure will help bring rates down by having a competing entity that’s a nonprofit.

 

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