Skip to main content

This page has not been translated. Please go to's Spanish home page for more information available in Spanish.

Esta página no ha sido traducida. Por favor vaya a la página principal del sitio de español de PBGC para ver información disponible en español.

What is the Health Coverage Tax Credit (HCTC)? - Hourly Video Transcript

The Health Coverage Tax Credit, or HCTC, is a federal tax credit program that the IRS administers. The program pays 80% of qualified health insurance premiums. As a retiree receiving a benefit from the PBGC, you may be eligible to participate in the program.

To be eligible, you must be between the ages of 55 and 65, you must have a qualified health plan, and you cannot be a dependent on another person’s federal tax return or enrolled in Medicare, Medicaid, the Federal Employees Health Benefits Program, or the US Military Health System.

For more information about the HCTC Call: 1-866-628-4282; TTY/ASCII users may call 711.

Last Updated:

Contact Us

Visit our Contact Us page for more information.