President Donald Trump at an Oklahoma rally on Thursday confirmed that his administration is now sending $500 Affordable Care Act rebate checks to nearly 1 million people who were overcharged for their coverage in recent years.
The administration said last month that it would send payments to people overcharged under the Biden administration through health insurance marketplaces. The president and White House said at the time that the previous administration overcharged people through user fees passed on to consumers via higher health insurance premiums.
Under the Biden administration, the federal government “accumulated a significant surplus of funds that were not used to benefit the Americans who paid these higher premiums,” a Sept. 10 White House fact sheet stated.