Congressman Mike Turner (R-OH) and Congressman Tim Ryan (D-OH) introduced H.R. 2783, legislation which provides the Delphi Salaried Retirees and other eligible individuals the choice of continuing within the Health Coverage Tax Credit (HCTC) program past the program’s December 31, 2013 termination date, or upon leaving the program.
“The Delphi Salaried Retirees had their pensions unjustly slashed, and now are at risk of losing their healthcare coverage under Obamacare. This legislation takes an important step to ensure that they continue to receive current coverage,” said Turner.
Obamacare terminates the HCTC program at the end of this year. This bipartisan bill extends the HCTC program for currently-enrolled participants, so long as the participants are receiving PBGC pensions and there are no breaks in their coverage.
NOTE: A copy of the bill can be found here.