President Donald Trump dropped a late-night bombshell Friday for America’s seniors, announcing that his administration will immediately begin sending “checks” of nearly $100 to more than 20 million Medicare beneficiaries to help cover their Part B premiums.
The payments are expected to begin arriving within days.
Trump also separated this payment from another round of refunds already in motion. As The Gateway Pundit reported last month, the administration is sending $500 “Working Families Obamacare Refund” checks to nearly one million Americans in 30 states who were overcharged on Affordable Care Act plans, overcharges the Biden team studied and then kept. Those checks were also scheduled to start going out in October.
Trump closed the post by reminding voters of the larger promise still on the table: the $5,000 “Trump Dividend” for U.S. citizens if Republicans hold Congress in the November midterms.
According to a White House fact sheet released the same night, the one-time payments are $90 per person and will go to more than 20 million Part B enrollees. Most eligible seniors will see a direct deposit in early October. Those without direct deposit will get a paper check mailed to the address on file with Medicare, also in early October.
The money is coming out of the Medicare Improvement Fund, created in 2008 and stocked with $2 billion by Congress for fee-for-service improvements. No administration had ever used it.
The White House says Trump is the first president to tap the fund to put cash directly back in seniors’ pockets instead of leaving it for special interests.
The same fact sheet notes that previous Congresses treated the account as a piggy bank, including Democrats who raided $20.7 billion from the fund as part of the Unaffordable Care Act, better known as Obamacare.
Most Part B enrollees qualify. Seniors whose premiums are already paid by Medicaid, or who pay the Income-Related Monthly Adjustment Amount, do not.
Beneficiaries can call 1-800-MEDICARE (1-800-633-4227) to check eligibility. Payment status questions go to the Social Security Administration at 1-800-772-1213.
Trump announced on Truth Social:
“I am pleased to announce that my Administration will, immediately, begin sending “Checks” of nearly $100 to over 20 MILLION wonderful Seniors to help pay for their Medicare Part B premiums, which we have already reduced by significant amounts.
“This money will come from the Medicare Improvement Fund, a pointless “Slush Fund” that has only been used by Dumocrats in Congress to pay for the Waste, Fraud, and Abuse for their Special Interest friends, and drive up Healthcare costs. We are finally using this Fund, along with my Most Favored Nations Deals, to substantially LOWER costs for our Seniors.
“I pledged to protect and preserve Medicare and Social Security, which were on the verge of RUIN by Joe Biden, who foolishly and maliciously let tens of millions of Illegal Aliens into our Country, and we are doing just that for America’s Seniors.
“This is separate from the equally substantial Refund “Checks” we are sending to One Million Americans who were overcharged for their Unaffordable Care Act plans by Joe Biden.
“Because I delivered on this very important issue for the American People, they can also rest assured the highly popular $5,000 Trump Dividend will be distributed to every U.S. Citizen if, and when, the Republicans win the Midterm Elections! Thank you for your attention to this matter.”
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