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Trump administration issues $500 ACA rebate checks to 1 million Americans
The Trump administration is issuing one-time $500 rebate checks to nearly 1 million Americans across 30 states. The payments are tied to individuals enrolled in Affordable Care Act (ACA) health insurance through federally facilitated marketplaces.
The administration claims that under the previous Biden administration, high user fees were used to operate Healthcare.gov and were passed on to consumers through higher premiums. The White House stated that the previous administration accumulated a significant surplus of funds that did not benefit the Americans paying the premiums.
Recipients include people who paid full ACA premiums without subsidies, with many qualifying individuals earning above 400% of the federal poverty line. Payments will be distributed via check or direct deposit.
Separately, Vice President JD Vance and other officials indicated plans to remove approximately 760,000 enrollees from public healthcare exchanges as part of a crackdown on alleged fraudulent enrollments, a move projected to save $2.2 billion.