Trump Sends Obamacare ‘Refund’ Checks Ahead of Midterm Elections

President Trump has begun sending $500 “refund” checks, along with a signed letter taking credit for the payments, to Americans who get their health insurance through the Affordable Care Act.

The letter assails the Biden administration and Obamacare while touting the Trump administration’s efforts to lower health care costs. The money is being distributed to nearly a million Americans less than a month ahead of the midterm elections, giving a last-minute financial boost to voters who will decide if Republicans will maintain control of Congress.

“For years, the Biden administration overcharged you to fund the operation of HealthCare.gov,” Mr. Trump wrote in the letter. “That money belongs to hard-working Americans, not the government, and now, I am returning it to you!”

The money comes from a fund used to oversee the management of the insurance marketplaces. It developed a surplus because so many people enrolled in coverage during the Biden administration and because the Trump administration cut back on certain longstanding uses for the money, such as advertising and enrollment assistance.

Article source: https://www.nytimes.com/2026/10/09/business/trump-obamacare-refund-checks.html