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Summary: Proposed Changes to 2002 Trade Act's Health Provisions on COBRA and Health Care Tax Credit (PDF)
American Benefits Council 
Oct. 31, 2007
5 pages. Excerpt: Two committees of the House of Representatives recently proposed several changes to the health provisions under The Trade Act of 2002. The 2002 Trade Act created a health care tax credit of 65% of the cost of qualified health insurance coverage for certain workers who were terminated due to globalization. The Act also gave these workers a second COBRA election period. Two bills that would either expand the COBRA rights for these workers or change the tax credit provisions are working their way through House Committees.
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