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Trump is sending $500 refund checks to nearly a million Americans

Trump is sending $500 refund checks to nearly a million Americans

Trump administration has begun sending one-time $500 refund checks to nearly 1 million Americans who bought health insurance through the Affordable Care Act marketplace. The payments are being distributed to eligible policyholders who used the federal HealthCare.gov marketplace.

The refunds mainly go to people who purchased ACA coverage but did not receive federal premium subsidies. The payments are being sent automatically, meaning eligible recipients do not need to submit a new application.

The program covers eligible policyholders in 30 states that use HealthCare.gov. Texas has the largest estimated number of recipients, followed by Florida and Ohio.

The administration says the money comes from surplus fees collected through the federal health insurance marketplace. Trump has described the payments as a refund to consumers, although some experts have disputed the administration's characterization of how the funds were collected.

The $500 payments are separate from Trump's previously discussed proposal for $5,000 payments. The current refunds are specifically for eligible Affordable Care Act policyholders, and recipients are being notified as their payments are issued.

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