Trump announces $500M in rebates from alleged overcharges under Obamacare
The direct-deposit payments would come from a $500 million fund and reach people in 30 states before the Nov. 3 election.
- President Trump's administration plans to send $500 rebate checks to up to 1 million people who officials claim were overcharged for coverage under the Affordable Care Act.
- A $500 million fund of excess fees collected during President Biden's administration will cover the rebates. "That money was over-collected and just sitting there," a U.S. official told Axios.
- Payments will reach recipients in 30 states, including Alabama, Florida, Michigan, Ohio, and Texas. Officials noted that refunds are limited to enrollees who do not receive premium assistance under the ACA.
- Trump will tout the initiative during a Wednesday night speech at the Republicans' midterm convention in Dallas. Direct deposits will be issued before the November 3 midterm election.
- Previously, the Biden administration proposed using these fees for contraception, but Republicans in Congress successfully blocked the plan. Staffers who spearheaded that objection were subsequently hired by the Trump administration.
32 Articles
32 Articles
President Donald Trump promises $500 Obamacare rebate checks for 1M enrollees in 30 states
The Trump administration is promising $500 rebate checks to an estimated 1 million Affordable Care Act enrollees across 30 states, whom the White House alleges were overcharged by the Biden administration for exchange fees.
dagelijksestandaard.nl
welingelichtekringen.nlWASHINGTON (ANP/RTR) - The US government says it will refund nearly 1 million citizens money they allegedly overpaid for health insurance, better known as Obamacare. They will receive $500 (€430) back per person, according to the White House. The administration of President Donald Trump c...
The Straits Times
BizTocUS to issue $500 Obamacare refunds to nearly a million Americans
WASHINGTON, Sept 10 - The federal government will issue $500 refunds to nearly a million Americans for Obamacare overcharges, the White House said on Thursday. Read more at straitstimes.com.
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