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American Recovery and Reinvestment Act Program Guide
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TAA Health Coverage Improvement
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| Progress Indicator |
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| Guidance Available |
Application Processes Open |
Application Processes Closed |
Award Processes Completed |
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| Federal Program Information |
| Federal Program Description |
To provide enhanced health insurance coverage assistance to eligible TAA-impacted workers and other eligible individuals, as authorized under the Trade Adjustment Assistance Reform Act of 2002 and the expansion of the program in the Trade and Globalization Assistance Act of 2009. HCTC tax credits have been increased to 80 percent of the amount paid by an eligible individual for qualified health coverage. The tax credit was formerly 65 percent. TAA eligible individuals are also eligible to switch to enhanced COBRA.
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| CFDA Number |
17.276 |
| Assistance Type |
Insurance |
| ARRA Citation |
Page 309, Section 1899- TAA Health Coverage Improvement Act of 2009 |
| ARRA Reporting |
ARRA requires:
The Secretary of the Treasury shall conduct a biennial survey of eligible individuals (as defined in section 35(c) of the Internal Revenue Code of 1986) relating to the health coverage tax credit under section 35 of the Internal Revenue Code of 1986
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| Federal Agency |
Department of Labor |
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| NYS Information |
| NYS Program Title |
HCTC and COBRA Subsidy for Trade-Affected Workers |
| NYS Agency |
Department of Labor, Department of the Treasury/IRS, Insurance Department |
| Contact |
Nancy Dunphy |
| Email |
Nancy.dunphy@labor.state.ny.us |
| Phone |
518-457-5124 |
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| Program Funding |
| National Total |
$80,000,000 (funds paid to trade-affected workers to offset health insurance premiums) |
| NYS Share |
$1,500,000 (estimate) |
| Flow of Funds |
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| Deadline |
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| Awards and Outcomes |
| Website |
http://www.recovery.gov/transparency/pages/home.aspx?State=NY |
