Trump says US to send one-time $90 payment to 20 million seniors enrolled in Medicare
WASHINGTON: President Donald Trump said the US government will send a one-time $90 payment to more than 20 million Americans enrolled in Medicare, a health insurance program for the elderly, to help offset the cost of their monthly medical insurance premiums. Trump said on social media late on Friday the payments will come from the Medicare Improvement Fund, which he said was given $2 billion by…
President Donald Trump announced that the US government will send a one-time $90 payment to over 20 million Americans enrolled in Medicare, the health insurance program for the elderly. The payments will be made from the Medicare Improvement Fund, which received $2 billion from Congress to enhance the Medicare fee-for-service program.
This announcement comes as Trump faces a series of financial pledges to voters ahead of the November midterm elections. Trump's Republican Party maintains a narrow majority in both the Senate and the House of Representatives, but his popularity has been low due to the high cost of living, particularly during the conflict between the US and Iran that has driven up oil and gas prices.
The White House stated that most eligible seniors will receive the payment via direct deposit in early October, while those without direct deposit will get a check, also sent in early October, to their registered Medicare mailing address. The proposal is part of a broader strategy by the Trump administration to influence voters, as they send $500 payments to nearly 1 million Americans, described as a refund for excessive fees on health insurance purchases under the Affordable Care Act.
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