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Trump to begin sending $500 ACA refund checks to 1 million Americans
USA Today • • general
Key Points:
- President Donald Trump will begin sending $500 refund checks on Sept. 30 to nearly 1 million Americans who were allegedly overcharged through the Affordable Care Act's federal exchange for health insurance premiums.
- The checks, accompanied by letters signed by Trump, target recipients in 30 states that rely on the federal exchange, where user fees collected exceeded the costs of operating HealthCare.gov.
- The refunds are separate from a proposed $5,000 dividend Trump has promised if Republicans retain control of Congress after the November midterm elections.
- Most recipients earn around 400% of the federal poverty line, with some between 100-400%, and the refunds come amid ongoing concerns about healthcare affordability and high insurance costs.
- States running their own ACA exchanges are excluded from this refund because the federal government did not collect user fees from them.
