PBGC does not guarantee or pay for health insurance. However, certain PBGC benefit recipients who are age 55 or over and are covered by qualified health insurance are eligible for the Health Coverage Tax Credit (HCTC) administered by the Internal Revenue Service.

The credit is not available to everyone. For example, a PBGC benefit recipient receiving certain specified health coverage, such as Medicare, will be ineligible to use the HCTC program.

To find out more about HCTC, you can:

• Call 1-866-628-4282 for the HCTC Program Customer Contact Center. (TTY/TDD users, call 1-866-626-4282)
• See Frequently Asked Questions on HCTC
• Visit the IRS website

If you are eligible for HCTC, you may also be able to apply for National Emergency Grant (NEG) Gap Filler funds, which are available in certain states to help individuals pay for qualified health coverage until they begin receiving the advance tax credit through the HCTC Program. Contact the U.S. Department of Labor at 1-877-US-2JOBS (1-877-872-5627) and ask if your state has a NEG Gap Filler Program.