1 hr ago
Trump Announces $500 ACA Refund Checks for Eligible Americans
The government plans to send some people a $500 health insurance refund.
More than 950,000 people in 30 states may receive checks.
The checks are expected to start arriving on October 1.
President Donald Trump says the money came from extra payments collected through the Affordable Care Act.
He says the money should go back to the people who paid it.
The refunds are for certain HealthCare.gov users who do not receive government help paying their premiums.
A family could receive more than one check if several members qualify.
The article gives conflicting information about how many states use the federal health insurance exchange.
More than 950,000 ACA enrollees in 30 states are expected to receive one-time $500 checks from the United States Treasury.
The payments are scheduled to begin October 1 and will include a letter from President Donald Trump.
Trump says the refunds come from surplus funds collected through ACA premium payments for HealthCare.gov.
Only eligible HealthCare.gov consumers who do not receive taxpayer subsidies are described as qualifying.
The article says families may receive multiple checks, while also presenting conflicting information about which states use the federal exchange.
- Who
- More than 950,000 eligible Affordable Care Act enrollees, the United States Treasury, and President Donald Trump.
- What
- One-time $500 refund checks are being issued to certain HealthCare.gov users.
- Where
- Across 30 states involving the federally operated HealthCare.gov exchange.
- When
- Payments are scheduled to begin October 1; the article says the distribution comes about a month before the midterm elections.
- Why
- Trump says surplus funds collected through ACA premium payments were not used to benefit the people who paid them.
Key facts
- Refund amount
- $500 per eligible consumer
- Recipients
- More than 950,000 people
- Geographic reach
- 30 states
- Payment start
- October 1
- Payment issuer
- United States Treasury
- Eligibility described
- HealthCare.gov consumers who do not receive taxpayer subsidies
- Multiple checks
- A family may receive multiple checks if more than one member qualifies
Quotes
Donald Trump
President of the United States and author of the ACA refund letter
“For years, the Biden Administration overcharged you to fund the operation of HealthCare.gov. That money belongs to hard-working Americans, not the Government, and now, I am returning it to you!”
wionews.com
“accumulated a significant surplus of funds that were not used to benefit the Americans who paid these higher premiums.”
wionews.com
Sources
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