Trump Sends $500 Obamacare Refund Checks to Nearly 1 Million Americans, Says Biden “Overcharged” Them
The Trump administration has begun sending $500 refunds to more than 950,000 Affordable Care Act enrollees across 30 states, with payments starting September 30. Recipients are receiving either Treasury checks or direct deposits, and the payments are accompanied by a letter from President Donald Trump. CBS News
The administration says the refunds come from surplus user fees collected through the federally operated HealthCare.gov marketplace. Those fees are charged to participating insurers and can be incorporated into premiums. The White House argues that previous fee levels generated more revenue than was needed to operate the exchange and that eligible consumers therefore deserve a refund. Reuters
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