What is the monthly HCTC?
Most tax credits are paid out when you file your federal taxes. However, health plan premiums can be expensive and some people need help to pay them each month as they become due instead of when they file their taxes. The monthly HCTC allows you to receive the HCTC in the form of a payment to your health plan on a monthly basis as your premium payments become due after you have paid your portions of the health insurance premiums to the HCTC Program. Newly-enrolled monthly participants can request to receive reimbursement for health insurance payments they paid while eligible and enrolling in the monthly HCTC Program. To request reimbursement, complete and mail a Reimbursement Request Form.
