Congressman Mike Turner (OH-10) introduced legislation today to provide Delphi Salaried Retirees and other eligible individuals the choice of continuing their current health care, set to expire at the end of this year under Obamacare. The Health Coverage Tax Credit Reauthorization Act would allow eligible individuals to remain within the Health Coverage Tax Credit (HCTC) program past the program’s December 31, 2019 termination date, or upon leaving the program.
“The Delphi Salaried Retirees had their pensions unjustly slashed, and now are at risk of losing their health care coverage,” said Turner. “This legislation would ensure that they continue to receive current coverage.”
The HCTC program is set to be terminated at the end of this year. The Health Coverage Tax Credit Reauthorization Act extends the HCTC program for currently-enrolled participants, so long as the participants are receiving Pension Benefit Guaranty Corporation (PBGC) pensions and there are no breaks in their coverage.
“I am proud to lead the fight for the Delphi Salaried Retirees and their families,” continued Turner. “Nearly a decade ago in the aftermath of the financial crisis, the government picked winners and losers, leaving over 20,000 of these retirees with drastic reductions to their hard-earned pensions and benefits. These men and women deserve the benefits they were promised, not years of stonewalling and delays as a result of a legal battle initiated by the Obama Administration. It is important we continue to find solutions for these hardworking Ohioans who lost their pensions through no fault of their own.”