Trump promises to send $500 to nearly 1 million Americans for Obamacare 'overcharges'
The checks will go to unsubsidized enrollees in 30 states and are set to begin in October, the White House said.
- President Donald Trump announced an initiative to issue $500 direct rebate checks to roughly 1 million Affordable Care Act enrollees across 30 states.
- The White House plans to distribute the $500 million in payments beginning in October, targeting enrollees who pay full price for coverage without receiving federal premium tax credits.
- Administration officials stated the rebates are funded by excess user fees collected from insurers during the Biden administration that went unspent in federal accounts.
- The proposal comes amid sharp increases in ACA premiums following the expiration of enhanced pandemic-era subsidies earlier in the year.
- Healthcare advocacy groups and political opponents dismissed the plan as an election-year "gimmick," noting that a one-time $500 check fails to offset the steep rise in overall healthcare costs.
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One million eligible people in at least 30 states of the country enrolled in Obamacare plans will be able to receive the refund check
$500 Obamacare Refunds: Who Qualifies in 30 States
President Trump announced the federal government will send $500 refund checks to nearly 1 million Affordable Care Act enrollees starting in October, a move the White House says corrects years of overcharging under the Biden administration. The refunds, totaling roughly $500 million, will go to ACA enrollees in 30 states that use the federally run […]
The Garden Island
West Hawaii TodayTrump announces $500 rebates for some Obamacare customers, weeks before the election
The Trump administration said Thursday that it planned to issue $500 in rebates to nearly 1 million people insured under the Affordable Care Act, describing the money as reimbursements for “overcharges” by the previous administration.
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