Congress passed, and President Trump signed a spending package that extended the HCTC for one year. 

All eligible Trust members will benefit from the extension of the HCTC.  (Read more under your industry HCTC Information tab)

Your January premiums payments are now due by January 25th and will be paid directly to Benistar, at 100% of the cost of the insurance you have elected to enroll in effective January 01, 2020. 

The Monthly (AMP) program will not begin until the IRS/HCTC announces they will be accepting the 27.5%

payments again. Until that time, you will make a 100% payment to Benistar directly and will take the 72.5% cost

you paid for the months paying 100% off of your income tax next year.

We believe you will be paying 100% for at least 1 month and maybe 2 however, we cannot promise when the

Monthly HCTC program will begin.

The IRS/HCTC program will not accept the Newly completed 13441-A forms sent to them from the plan

administrator Benistar until they Re-Open the program department on January 15, 2020. Don’t send your

forms directly to the IRS/HCTC Program, Benistar will be processing your newly completed 13441-A forms and

sending them to the IRS/HCTC program for you.

You must continue to pay Benistar 100% of the cost of your premium each month until you are notified by the 
IRS/HCTC program that you have been re-enrolled into the program and they have the correct rate and plan you
are enrolled in on the 13441-A document, effective for your start date into the monthly program. 

You must complete and submit to Benistar ASAP, a Newly Completed 13441-A FORM for each individual  enrolled as a “Single” in the plan. A “Family” will only need to complete (1) 13441-A form for their Family.

Benistar will be providing all 13441-A forms and documentation required they have received from plan 
participants BEFORE January 15, 2020, to the IRS/HCTC program on January 15, 2020, once the program
is restarted.  

Once Benistar sends the necessary documents required and the IRS/HCTC program processes the documents, 
this will trigger the IRS/HCTC program to then send you the necessary re-enrollment letter from the IRS/HCTC
program and Benistar to mail you your yearly voucher payment packet.

The Monthly (AMP) program will not begin until the IRS/HCTC announces they will be accepting the 27.5%

payments again. Until that time, you will make a 100% payment to Benistar directly and will take the 72.5% cost

you paid for the months paying 100% off of your income tax next year.

If you already have a HCTC PIN NUMBER from being enrolled in 2019, you will be using the same PIN 
Number in 2020. 

It is important to note that if you do not complete the 13441-A form and email or fax it to Benistar at the 
following contact info (fax) 1-860-408-7025 (email) memelig@benistar.com in a timely manner, your 
enrollment into the monthly program may be delayed and you may be required to continue paying 100% of the
cost of your insurance plan until you have completed the steps required and received the letter from the 
IRS/HCTC program stating you have been re-entered into HCTC monthly program.

Keep in mind, the plan cost information you provide on the 13441-A form may be different from what you elected for a plan you chose to enroll in for the month of January, prior to the reauthorization of the HCTC program, at 100% cost of the premium for your January payment. 

NECESSARY ACTION REQUIRED BY ALL CURRENT HCTC MONTHLY PLAN PARTICIPANTS

 

Pre-65 January Invoices Delayed, Read Carefully, the HCTC Re-authorization & Re-enrollment Process Below

 

Dear Airline, Auto and Steel Retiree and Eligible Dependent:

Last week Congress passed, and President Trump signed a spending package that extended the HCTC for one year, until December 31, 2020! The Trusts members will benefit from extension of the HCTC however, due to Congress’ delayed action on this matter, the January invoices, which were to be mailed in December, have now been delayed and will be sent the second week of January. There is no impact to plan participants enrolled in the plans through the Airline, Auto or Steel Trusts paying 100% of the cost, and not eligible for the HCTC program. They will continue to make their payments by the 1st of each month. 

 

HCTC Eligible Plan Participants Next Steps:

(1)              Your January premiums payments are now due by January 25th and will be paid directly to Benistar, at 100% of

the cost of the insurance you have elected to enroll in effective January 01, 2020. 

(2)              The Monthly (AMP) program will not begin until the IRS/HCTC announces they will be accepting the 27.5%

payments again. Until that time, you will make a 100% payment to Benistar directly and will take the 72.5% cost

you paid for the months paying 100% off of your income tax next year.

(3)              We believe you will be paying 100% for at least 1 month and maybe 2 however, we cannot promise when the

Monthly HCTC program will begin.

(4)              The IRS/HCTC program will not accept the Newly completed 13441-A forms sent to them from the plan

administrator Benistar until they Re-Open the program department on January 15, 2020. Don’t send your

forms directly to the IRS/HCTC Program, Benistar will be processing your newly completed 13441-A forms and

sending them to the IRS/HCTC program for you. 

(5)              You must continue to pay Benistar 100% of the cost of your premium each month until you are notified by the

IRS/HCTC program that you have been re-enrolled into the program and they have the correct rate and plan you

are enrolled in on the 13441-A document, effective for your start date into the monthly program. 

(6)              You must complete and submit to Benistar ASAP, a Newly Completed 13441-A FORM for each individual

enrolled as a “Single” in the plan. A “Family” will only need to complete (1) 13441-A form for their Family.

(7)              Keep in mind, the plan cost information you provide on the 13441-A form may be different from what you elected

for a plan you chose to enroll in for the month of January, prior to the reauthorization of the HCTC program, at

100% cost of the premium for your January payment. 

(8)              Benistar will be providing all 13441-A forms and documentation required they have received from plan

participants BEFORE January 15, 2020, to the IRS/HCTC program on January 15, 2020, once the program

is restarted. 

(9)              Once Benistar sends the necessary documents required and the IRS/HCTC program processes the documents,

this will trigger the IRS/HCTC program to then send you the necessary re-enrollment letter from the IRS/HCTC

program and Benistar to mail you your yearly voucher payment packet.

(10)           If you already have a HCTC PIN NUMBER from being enrolled in 2019, you will be using the same PIN

Number in 2020. 

(11)           It is important to note that if you do not complete the 13441-A form and email or fax it to Benistar at the

following contact info (fax) 1-860-408-7025 (email) memelig@benistar.com in a timely manner, your

enrollment into the monthly program may be delayed and you may be required to continue paying 100% of the

cost of your insurance plan until you have completed the steps required and received the letter from the

IRS/HCTC program stating you have been re-entered into HCTC monthly program.

 

Blue Cross Blue Shield will hold a “Special Enrollment Window” for BCBSM plan participants once the monthly program has been announced. Stay Tuned for the Dates for the "Special Open Enrollment Window".

For those HCTC eligible plan participants enrolled in a plan for the month of January, through one of the Trusts or another provider, Blue Cross Blue Shield of Michigan will give you the opportunity to change your current plan, during a “Special Open Enrollment Window” that will be announced soon. This means you will have the ability to enroll or change your election in the current Trust plan, during this “Special Enrollment Window” due to a “Life Event” triggered by the reinstatement of the HCTC program. You must contact your plan representative and notify them you have experienced a “Life Event” and would like to terminate your coverage through their plan. If you are enrolled in a plan through one of the Trusts we represent, you will need to complete a New Insurance Enrollment form in the Trust and also a New 13441-A form found on our website www.hctcplans.com and send them to Benistar, the plan administrator in a timely manner in order to get you enrolled into the monthly program. 

 

Thanks for helping us to get you enrolled into the Monthly HCTC program as soon as possible and for your Great Work in doing your part to help contact Elected Representatives and express your importance of this HCTC program!

 

Happy New Year!

 

Cone Retiree Healthcare Group,

Cathy Cone                                        John Cone                                          Lisa Andrews

cathy@mymedplans.com                    John@mymedplans.com                     Lisa@mymedplans.com

 

 

 

 

 

HCTC Information

 

We specialize in the establishment of the (3) Trusts that qualify for the “Health Coverage Tax Credit” Programs (HCTC) providing a 72.5% subsidy to Retirees between the ages of 55 and 65 (not yet eligible for Medicare) and their dependents that have had their pensions trusteed by the Pension Benefit Guaranty Corporation (PBGC) as well as Trade Adjustment Affected workers that have had their jobs outsourced to another country and qualify for the Trade Affected Assistance program.

WHAT IS HCTC?

Established by Congress as part of the 2002 Trade Act and is a federal program authorized to pay a 72.5% Subsidy for the health insurance premiums for Retirees and TAA-ATAA workers that meet the requirements established by Congress.

Congress created the HCTC Program as part of the 2002 Trade Act.  It was established to help cover the cost of health care for:

⇒  Workers who lost their jobs due to foreign trade

⇒  Retirees whose pensions have been trusteed/turned over to the Pension Benefit Guaranty Corporation (PBGC)

In February of 2009, with the passage by Congress, of the American Recovery and Reinvestment Act (ARRA), Retirees of bankrupt companies were allowed to immediately establish Insurance programs providing access to healthcare, for workers that had lost or had their healthcare benefits greatly reduced, in the bankruptcy process .  The formation of these vehicles to provide access to healthcare are called a Voluntary Employee Benefit Associations (VEBA’s ).  The immediate access to the contact information of a company allowed the workers the ability to make the former employees aware of the group healthcare options available to them that included a subsidy to help offset the cost of their healthcare insurance.

We Look Forward to Serving You!

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