Health Coverage Tax Credit (HCTC) and ReemploymentPosted by Ben Kushner - On November 17, 2009 (EST)My name is Carol Harr and I serve as Rapid Response liaison for the TAA Program in Many times, I am the first person employers and employees have contact with concerning the TAA Program and its benefits. The HCTC program is one of those benefits. The HCTC program is always one where a lot of interest is shown. Employees facing a layoff have many concerns, and healthcare is a major one. When employees hear that they may be eligible to have 80% of their insurance premiums covered, their relief is actually felt in the room. The HCTC brochure is an important piece of literature for them. This gives the employees something physical to take away with them and has the information they need to access the program. A representative from the HCTC team in The HCTC team is always striving to find ways to dispense information about the program and address any concerns as they arise. Carol Harr Colorado TAA Coordinator’s Office User Comments (2)
On November 27, 2009 Aaron Shaw said:
Excuss me if I'm wrong, but this is the same health care incentive that is stated to be mobile in the case of a person getting laid of or changing jobs as an assumption of this struggling economy?
On November 30, 2009 Caprice Leinonen said:
Thanks for sharing this info as it's a step in the right direction although limited to the following conditions. The credit conditions narrows the recipient field but at least it is something. (Excerpt from the HCTC Program Kit Brochure below)
In general, you may claim this credit if:
¦ You are receiving certain Trade Adjustment Assistance (TAA) benefits,
¦ You are receiving benefits under the Alternative Trade Adjustment Assistance
(ATAA) program, or
¦ You are receiving benefits from the Pension Benefit Guaranty Corporation
(PBGC) and you are at least 55 years old
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