
Trump orders one-time $90 Medicare premium rebates to 20.8 million seniors, paid from a 2008 fund
Most direct deposits arrive from Social Security on or around Thursday, Oct. 8, which is 26 days before the Tuesday, Nov. 3 midterms.
Who the eligibility rules shut out of the $90: Medicare Advantage enrollees: private plans are outside the fund’s legal reach, and they hold 35 million of about 64 million people with Parts A and B (KFF, 2026) People whose premium Medicaid already pays: about 12 million are enrolled in both programs (KFF) Higher earners paying the income surcharge on Part B: CMS has not said how many
ContextThe fund has never been spent on its stated purpose: raising payments in original Medicare. The Congressional Budget Office (CBO) found no money paid out of it since 2008. Meanwhile, Congress rewrote its balance 28 times. One of those changes, a $20.7 billion cut in 2010, helped pay for the Affordable Care Act. On Sept. 24, 2020, before that year's election, Trump promised $200 drug discount cards to 33 million seniors. None were ever sent.
NBC NEWS10 sources
