
Trump Sends $500 ACA Refund Checks to 1 Million Americans
Description: The Trump administration pledged to send $500 each to nearly 1 million Americans who paid too much for federally backed Obamacare health insurance. #trump #politics #usa #news #health
The administration claimed the payments are returning "overcharges" to people who bought insurance without premium subsidies through the Affordable Care Act exchanges.
The payments, which will cost nearly $500 million, are expected to be sent in October, just before the midterm elections that will decide control of Congress.
Read more: https://www.bloomberg.com/news/articles/2026-09-10/trump-to-make-500-payouts-ahead-of-midterms-citing-obamacare
----------
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
https://www.youtube.com/@business
https://www.youtube.com/@markets
https://www.youtube.com/@BloombergTechnology
https://www.youtube.com/@BloombergPodcasts
Connect with us on social:
https://www.instagram.com/bloombergbusiness
https://www.linkedin.com/company/bloomberg-news
https://www.tiktok.com/@bloombergbusiness
https://www.facebook.com/bloombergbusiness Close description
The administration claimed the payments are returning "overcharges" to people who bought insurance without premium subsidies through the Affordable Care Act exchanges.
The payments, which will cost nearly $500 million, are expected to be sent in October, just before the midterm elections that will decide control of Congress.
Read more: https://www.bloomberg.com/news/articles/2026-09-10/trump-to-make-500-payouts-ahead-of-midterms-citing-obamacare
----------
Like this video? Subscribe https://www.youtube.com/@Bloomberg-News
Bloomberg News is the first word in business news. Visit bloomberg.com for the latest on global business, markets and more.
Get unlimited access to Bloomberg.com for $1.99/month for the first 3 months: https://www.bloomberg.com/subscriptions?in_source=YoutubeOriginals
Bloomberg on YouTube:
https://www.youtube.com/@business
https://www.youtube.com/@markets
https://www.youtube.com/@BloombergTechnology
https://www.youtube.com/@BloombergPodcasts
Connect with us on social:
https://www.instagram.com/bloombergbusiness
https://www.linkedin.com/company/bloomberg-news
https://www.tiktok.com/@bloombergbusiness
https://www.facebook.com/bloombergbusiness Close description