US President Donald Trump has announced one-time payments of $90 for more than 20 million Medicare Part B enrollees, with the money intended to help offset the cost of their monthly premiums.
According to the White House, the payments will come from the Medicare Improvement Fund, which was established to support improvements to the Medicare fee-for-service programme.
Editorial Insight
Key Highlights
Important points readers should notice.
Trump announced a one-time $90 Medicare payment.
More than 20 million Medicare Part B enrollees are expected to be eligible.
Most eligible recipients are expected to receive the payment in early October.
Payments will generally be made through direct deposit or mailed checks.
The money will come from the Medicare Improvement Fund.
People whose Part B premiums are paid by Medicaid and those paying an Income-Related Monthly Adjustment Amount are excluded.
Most eligible beneficiaries are expected to receive the payment through direct deposit in early October. Those without direct deposit are expected to receive a check at the mailing address registered with Medicare.
The White House says most Medicare Part B enrollees are eligible. People whose Part B premiums are already paid by Medicaid and those who pay an Income-Related Monthly Adjustment Amount are excluded from the payment.
The payment is a one-time amount and does not change the regular Medicare Part B premium.
Editorial Analysis
Why This Matters
The payment provides a one-time amount intended to help eligible Medicare enrollees offset their Part B premium costs.
