Health Insurance Contribution Credit (HICC)
For employees who have lower household incomes, the cost of health insurance can be a major part of their monthly budget. The Health Insurance Contribution Credit will be available to those employees who elect the PPO Plan in 2026. The benefit is as follows:
| 2024 Household Income | 0 to 45,000 | 45,001 to 60,000 | 60,001 to 75,000 |
| Credit for Level of Income | 30% | 25% | 20% |
Bates College employees who can provide documentation of their household income in the form of the front page of their 2024 Income Tax Return will receive a credit based on the level of their income. The amount reported on your tax return as adjusted gross is used in determining your household income.
Employees need to complete the Health Insurance Contribution Credit (HICC) form and submit documentation to the Benefits team to be eligible for this benefit.