President Trump announced in a video statement on Thursday that rebate checks for families who were “wrongly ripped off” by the Biden Administration through the Obamacare exchange and healthcare.gov will be delivered ahead of the November elections.
Checks to nearly one million Americans across 30 states will be delivered in “just a few weeks,” Trump said. The White House announced that checks will be sent to those eligible beginning in October.
Trump announced the initiative, dubbed the “Working Families Obamacare Refunds,” in a video statement.
WATCH:
Trump: Today, I’m very thrilled to make an important announcement on the cost of health care affecting hardworking families all across the United States. Our administration has discovered that under Sleepy Joe Biden, American households buying health insurance through the Obamacare exchange, which is a disaster, and the healthcare.gov were massively overcharged, to put it mildly.
They were forced to pay excessive fees, totaling at least $500 million. The last administration knew about this and they studied it, but they kept the money. They just kept it. They never let anyone know. Our administration is doing the right thing and giving the money back to the people who were wrongly ripped off.
Nearly one million hardworking Americans in 30 states will soon be getting refunds of $500 each with a check sent to their home address. In many cases, these refunds will cover the entire spike in your insurance caused by Democrats, who solely work to protect big insurance companies. The big insurance companies own the Democrats.
Congress must now quickly pass the Great Health Care Plan. It’s called the Great Health Care Plan. Cost of healthcare for all Americans is coming down under my plan. We will stop all payments to big insurance and give the money directly to the people, who will then be able to buy better health care at a much lower cost and keep the money and keep the difference.
We’ll have maximum price transparency and require all prices to be posted in plain, beautiful English, and we will get insurance companies to disclose their profits and how many claims they deny, so that we know the good ones from the bad. But the relief begins with refunding everyone who was overcharged. The rebates are going out in just a few weeks. Thank you very much.
According to the White House, the Biden Administration “accumulated a significant surplus of funds” through “Obamacare plan exchange ‘user fees’ that were passed on to consumers in the form of higher premiums, funding the operations of the federal Obamacare exchange far in excess of what was needed to run the exchange.
As a result, Americans paid the full cost without receiving premium assistance under the “Unaffordable Care Act” in 30 states.
The states include Alabama, Alaska, Arizona, Arkansas, Delaware, Florida, Hawaii, Indiana, Iowa, Kansas, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, South Carolina, South Dakota, Tennessee, Texas, Utah, West Virginia, Wisconsin, and Wyoming.
Trump also announced at the RNC Convention in Dallas, Texas, on Wednesday that he will give a $5,000 dividend to every adult man and woman in the country if Republicans retain the House and Senate majorities this election cycle.
“If the Republicans win the House of Representatives and the United States Senate— both of them— because of our economic— tremendous economic success, Like, in history, we’ve never had anything like what’s happening. But because of our tremendous strength and success economically, I will issue a dividend to every adult citizen in the United States of America for $5,000,” Trump announced.
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President Trump Shakes Up Midterms: Announces $5,000 Dividend for Every Adult American If GOP Wins US House and Senate in Midterm Election (VIDEO)
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