Requiring the commissioner of human services to establish and administer an employer subsidized insurance program to subsidize premiums for employer subsidized health coverage for certain low income families with children between certain ages, requiring federal approval; specifying eligibility requirements and requiring the commissioner to determine cost effectiveness by comparing the cost otherwise incurred to provide medical assistance (MA); specifying coverage requirements; providing for reimbursement to the family and to the health care provider; requiring premiums paid by the families to be determined according to a sliding fee scale to be established by the commissioner; providing for application for the program (ra)