Treasury Sends $500 Obamacare Refund Checks to 950,000 Americans in 30 States
Updated
Updated · Fox News · Oct 1
Treasury Sends $500 Obamacare Refund Checks to 950,000 Americans in 30 States
3 articles · Updated · Fox News · Oct 1
Summary
More than 950,000 HealthCare.gov enrollees began receiving $500 Treasury checks, with the Trump administration saying the one-time refunds can offset recent insurance cost increases.
The payments draw on surplus user-fee revenue collected through the federal ACA exchange, which Trump says the Biden administration overcharged and then left unused.
Texas leads the payouts with 139,000 recipients, followed by Florida with 127,900 and Ohio with 65,700; only residents in 30 states using the federal exchange qualify.
The checks go only to people who bought ACA coverage without premium subsidies, while residents in 20 state-run exchange markets are excluded.
The rollout turns Trump's September refund pledge into cash ahead of midterm elections, where healthcare costs and the future of Obamacare remain central issues.