Page:United States Statutes at Large Volume 116 Part 2.djvu/176

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116 STAT. 958 PUBLIC LAW 107-210—AUG. 6, 2002 "(f) OTHER SPECIFIED COVERAGE. —For purposes of this section, an individual has other specified coverage for any month if, as of the first day of such month— "(1) SUBSIDIZED COVERAGE. — "(A) IN GENERAL.— Such individual is covered under any insurance which constitutes medical care (except insurance substantially all of the coverage of which is of excepted benefits described in section 9832(c)) under any health . plan maintained by any employer (or former employer) of the taxpayer or the taxpayer's spouse and at least 50 percent of the cost of such coverage (determined under section 4980B) is paid or incurred by the employer. " (B) ELIGIBLE ALTERNATIVE TAA RECIPIENTS.— In the case of an eligible alternative TAA recipient, such individual is either— "(i) eligible for coverage under any qualified health insurance (other than insurance described in subparagraph (A), (B), or (F) of subsection (e)(1)) under which at least 50 percent of the cost of coverage (determined under section 4980B(f)(4)) is paid or incurred by an employer (or former employer) of the taxpayer or the taxpayer's spouse, or "(ii) covered under any such qualified health insurance under which any portion of the cost of coverage (as so determined) is paid or incurred by an employer (or former employer) of the taxpayer or the taxpayer's spouse. "(C) TREATMENT OF CAFETERIA PLANS. —For purposes of subparagraphs (A) and (B), the cost of coverage shall be treated as paid or incurred by an employer to the extent the coverage is in lieu of a right to receive cash or other qualified benefits under a cafeteria plan (as defined in section 125(d)). "(2) COVERAGE UNDER MEDICARE, MEDICAID, OR SCHIP. — Such individual— "(A) is entitled to benefits under part A of title XVIII of the Social Security Act or is enrolled under part B of such title, or "(B) is enrolled in the program under title XIX or XXI of such Act (other than under section 1928 of such Act). "(3) CERTAIN OTHER COVERAGE.—Such individual— "(A) is enrolled in a health benefits plan under chapter 89 of title 5, United States Code, or "(B) is entitled to receive benefits under chapter 55 of title 10, United States Code. " (g) SPECIAL RULES. — "(1) COORDINATION WITH ADVANCE PAYMENTS OF CREDIT.— With respect to any taxable year, the amount which would (but for this subsection) be allowed as a credit to the taxpayer under subsection (a) shall be reduced (but not below zero) by the aggregate amount paid on behalf of such taxpayer under section 7527 for months beginning in such taxable year. " (2) COORDINATION WITH OTHER DEDUCTIONS. — Amounts taken into account under subsection (a) shall not be taken into account in determining any deduction allowed under section 162(1) or 213.