Are You Eligible for the HCTC?
The HCTC is a tax credit that helps a specific population of individuals pay for health insurance premiums. If the HCTC Program is notified by your state workforce agency or the PBGC that you are eligible for the tax credit, you will receive an HCTC Program Kit and Registration Form in the mail. You may not register for the monthly HCTC Program until you receive the Program Kit in the mail.
There are three steps to determine if you are eligible for the HCTC:
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Initial requirements - individuals who receive certain Pension Benefit Guaranty Corporation (PBGC), Trade Adjustment Assistance (TAA) or Alternative Trade Adjustment Assistance (ATAA) benefits
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General requirements - additional general requirements to be eligible for the HCTC, such as not receiving Medicare benefits or coverage through the US military health system, TRICARE
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Family members of the eligible individual are also eligible if they meet the General Requirements and have a Qualified Health Plan.
How Can You Get the HCTC?
Once you determine that you are eligible for the HCTC, you have two ways to receive the tax credit:
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Monthly - register for the monthly HCTC and get help paying for health plan premiums as they become due
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Yearly on your federal tax return - pay your qualified health plan directly throughout the year, claim eligible premium amounts on your federal tax return, and receive the HCTC as a tax refund or a credit against taxes you owe
Return to the HCTC Information for Individuals page.
Return to the HCTC Program home page.
Go to the HCTC Quick Links page to view a glossary of terms, FAQs and additional resources.
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