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Congress Could Revive Health Coverage Tax Credit
Business Insurance; free registration required 
May 27, 2015 "Last week as part of a broader trade bill, H.R. 1314, the Senate agreed to renew the Health Coverage Tax Credit [HCTC] through the end of 2019.... Until its expiration [at the end of 2013], the HCTC paid 72.5% of health care premiums for eligible beneficiaries: individuals who lost their jobs due to foreign competition, and retirees age 55 through 64 whose pension plans were taken over by the [PBGC].... The House of Representatives is expected next week to begin consideration of the trade bill to which the renewal of the HCTC is attached." |
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