- TRA: (608) 267-7772
Fax (414) 393-6825
- TAA: (888) 258-9966
Trade Adjustment Assistance (TAA) and Trade Readjustment Allowances (TRA)
HCTC is a Federal Tax credit program administered by the IRS for participants eligible for the Trade Adjustment Assistance (TAA) Program.
You will not be eligible for HCTC benefits until you have received your determination from Unemployment.
This is not an insurance plan. It is a tax credit that will help make your health insurance premiums more affordable. This credit this cannot be applied to separate vision and dental plans.
The purpose of HCTC is to cover the cost of health insurance for a limited time for individuals who are actively participating* in the Trade program.
*Actively participating means that you have met your deadline and you are receiving Unemployment or Reemployment Trade Adjustment Assistance (RTAA) payments each calendar month.
The legislation that authorizes the HCTC expires January 1, 2014, and the tax credit will no longer be available.
The final monthly HCTC payment due date is December 24, 2013. However, your November HCTC payment may be your final payment. When you receive your December HCTC invoice:
Beginning January 1, 2014, you are responsible for your full health insurance premiums. The HCTC Program does not have the authority to transition HCTC participants into any other federal health program.
Until your last payment is made, please continue to submit Form 13704, Monthly Registration Update, to notify the HCTC Program of any changes to your HCTC account, including: a change in your premium amount, adding or removing a family member from your account, and reactivating an account that has been recently canceled.