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Home»News»Here’s More on the $500 Rebate Checks to One Million Americans Due to Obamacare Overcharges That Biden Regime Knew About But Kept from the American People (VIDEO)
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Here’s More on the $500 Rebate Checks to One Million Americans Due to Obamacare Overcharges That Biden Regime Knew About But Kept from the American People (VIDEO)

Press RoomBy Press RoomSeptember 11, 2026No Comments6 Mins Read
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President Trump pointing, Credit: The White House

Twelve years ago, Barack Obama promised Americans, “If you like your doctor, you can keep you doctor. If you like your plan, you can keep your plan.”

It was all a lie. Obama went on to be the most divisive and destructive US president in history.

Thank God, that President Trump and Republicans are ending the nightmare and lies of Obamacare.

And with that news, President Trump announced this week that nearly one million Americans in 30 states would receive a $500 check from the US government who were “wrongly ripped off” by the Biden Administration through the Obamacare exchange and healthcare.gov during its application.

Jordan Conradson reported on this rebate check program on Thursday.

Trump announced the initiative, dubbed the “Working Families Obamacare Refunds,” in a video statement.

WATCH:

President 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.

The Trump White House posted more information on this massive rebate program.

RETURNING BIDEN OVERCHARGES TO WORKING FAMILIES: Today, President Donald J. Trump announced that the federal government will return to the American people hundreds of millions in Obamacare overcharges, collected by the Biden Administration, by issuing refunds of $500 per person to nearly 1 million Americans in 30 states. Today’s actions directly refund the Americans most exposed to the higher costs imposed by the Biden Administration’s gross mismanagement of Obamacare.

  • The Biden Administration overcharged Americans 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, the Biden Administration accumulated a significant surplus of funds that were not used to benefit the Americans who paid these higher premiums.
  • President Trump is refunding these excess fees to Americans who do not receive premium assistance under the Unaffordable Care Act – and therefore paid the full cost of Biden’s premium tax – in the 30 states that use the federal exchange for the operations of their Obamacare markets.
    • These 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.
  • Thanks to President Trump’s actions, nearly 1 million Americans will receive a refund check of $500 per person. Checks will be sent to eligible Americans beginning in October 2026.

LOWERING HEALTHCARE COSTS AND GIVING MONEY TO THE PEOPLE, NOT INSURANCE COMPANIES: President Trump is delivering on promises to lower costs for American patients by putting them first and taking on big health insurance companies, drug manufacturers, and other corporate giants that have used the status quo in Washington to raise healthcare costs for Americans.

  • The Trump Administration is cracking down on fraud and corruption, lowering healthcare costs for Americans, and putting the American people over big health insurance companies after the Biden Administration’s mismanagement of Obamacare resulted in massive levels of fraud, higher costs for Americans, and profit windfalls for big health insurance companies.
  • The Trump Administration has taken the strongest actions ever to protect the integrity of the exchanges, including by issuing the Marketplace Integrity and Affordability Rule, ending loopholes used by brokers to fraudulently enroll individuals, and signing the Working Families Tax Cuts Act, which permanently instituted common-sense eligibility checks for anyone seeking a government-funded subsidy.
  • In February 2025, President Trump signed an Executive Order to empower patients with clear, accurate, and actionable healthcare pricing information. Since then, the Centers for Medicare & Medicaid Services has ramped up enforcement against hospitals that are out of compliance with price transparency rules, finalized improvements to hospital price transparency rules, and proposed significant improvements to price transparency rules for insurance companies.
  • In May 2025, President Trump signed an Executive Order to bring the prices Americans and taxpayers pay for prescription drugs in line with those paid by similar nations. As of August 31, 2026, the Trump Administration has reached 26 deals with pharmaceutical manufacturers, covering nearly 90% of the branded drug market.
  • In his historic Working Families Tax Cuts Act, President Trump expanded access to health savings accounts for up to ten million people on Obamacare and took the most significant actions to reduce healthcare fraud and abuse in history, enabling the largest ever investment in rural healthcare – $50 billion.
  • President Trump is calling on Congress to enact the Great Healthcare Plan to lower drug prices, lower insurance premiums, hold big insurance companies accountable, and maximize price transparency.
  • President Trump has been steadfast in putting the American people first over large insurance company profits by ensuring Obamacare funds, to the maximum extent possible, go to Americans: “The government is going to pay the money directly to you… the big insurance companies lose and the people of our country win.”

This is another way that President Trump shows that he is the most pro-American US President in generations.

President Trump is doing what NO OTHER US President has done for the American people.

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