Trump Plans $500 Rebates for 1 Million Obamacare Enrollees Before Election
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Insights by Echo AI
The Trump administration plans to send $500 rebate checks to as many as 1 million people who it says were overcharged for their coverage under Obamacare. The direct-deposit payment would be sent to people in 30 states before the Nov. 3 midterm election. The payments would come from a $500 million fund of excess fees paid by Affordable Care Act recipients who were overcharged by insurance companies during the Biden administration.
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