Trump offers $500 ACA rebate to 1 million Americans — critics pounce on how he ‘gutted’ healthcare in the first place

President Donald Trump is distributing $500 rebate checks to one million Americans who were overcharged by the Affordable Care Act. This move comes as critics claim it is a political stunt ahead of the midterm elections. The tax breaks in Trump's "big beautiful bill" are set to expire after 2028. The Biden Administration overcharged Americans through Obamacare plan exchange user fees, which were passed on to consumers in the form of higher premiums, allowing the federal Obamacare exchange to accumulate a significant surplus.

The Trump administration plans to send these $500 refunds to one million Americans in 30 states in October. However, healthcare experts question the impact of the rebate on consumers' premiums, noting that $500 is a small fraction of the annual premium for a middle-income household.