2 hrs ago
Who Qualifies for Trump’s $90 Medicare Rebate
Some people have seen an unexpected $90 payment in their bank accounts.
It is a one-time rebate for certain people with Medicare, not a new Social Security benefit.
The money is meant to help pay the October Medicare Part B premium.
People generally need Original Medicare Part B and must live in the United States to qualify.
They cannot receive Medicaid help paying their premiums or pay an extra amount called IRMAA.
People with Medicare Advantage are not included.
Most eligible people are expected to get the money by direct deposit around October 8.
Others are expected to receive a paper check later in October.
The article says the payment comes from the Medicare Improvement Fund.
The $90 payment is a one-time Medicare rebate, not a new Social Security benefit.
The Centers for Medicare & Medicaid Services says 20.8 million people qualify.
Eligibility generally requires Original Medicare Part B, US residence, and no Medicaid premium assistance or IRMAA.
People enrolled in Medicare Advantage are not eligible.
Most eligible people are expected to receive a direct deposit around October 8; paper checks are expected later in October.
- Who
- The Centers for Medicare & Medicaid Services says 20.8 million people qualify for the rebate.
- What
- A one-time $90 Medicare rebate intended to offset the October Part B premium.
- Where
- The United States.
- When
- Most direct deposits are expected on or around October 8; paper checks are expected later in October.
- Why
- The payment is intended to help eligible beneficiaries with their October Medicare Part B premium.
Key facts
- Payment amount
- $90
- Payment type
- One-time Medicare rebate, not a new Social Security benefit
- Number of eligible people
- 20.8 million, according to CMS
- Eligible coverage
- Original Medicare Part B
- Exclusions cited
- Medicare Advantage enrollment, Medicaid premium assistance, IRMAA, or residence outside the United States
- Payment method
- Most recipients are expected to receive direct deposit; people without direct deposit are expected to receive a paper check
- Funding source
- Medicare Improvement Fund
- Stated purpose
- Offset the October Medicare Part B premium
Sources
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