Health Coverage Tax Credit (HCTC)
PBGC payees who are 55 or older and enrolled in a qualified health plan may be able to receive the Health Coverage Tax Credit (HCTC) to help cover a portion of the cost of their family's monthly health care premiums.
An individual may receive the tax credit each month or at the end of the year for as long as they continue to meet eligibility requirements.
To find out more about HCTC, you can:
- Call the HCTC Customer Contact Center at 1-866-628-4282 (TTY/ASCII (American Standard Code for Information Interchange) users, call 1-866-626-4282)
- See Frequently Asked Questions on HCTC
- Visit the IRS website
The IRS is planning for onsite awareness events to provide HCTC information and answer questions. For updates on the IRS’s planning or any scheduled events, please go to the IRS’s page for the Latest News and Background on the HCTC program.