Nebulous Nomad
Returning Member

Are expat health insurance plans considered "qualified plans" for the Health Coverage Tax Credit?

One question I don't see answered anywhere (including IRS docs) is whether global expat health insurance plans are considered "qualified health insurance coverage" for the Health Coverage Tax Credit. In my case, the insurance company is Cigna Global and my policy provides comprehensive coverage worldwide, except USA.

 

So it is an "individual" plan that is not explicitly excluded from the HCTC. But I don't think Cigna Global or any other expat international health insurance company is licensed to operate in any U.S. state, and I'm not sure if that really matters or not here.

 

Does anybody have a solid answer to this?