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Why more than 20 million Americans are getting a $90 Social Security payment. And why 40 million are missing out.
Millions of Medicare beneficiaries will receive a $90 payment from the Social Security Administration this week as part of an effort to lower health care costs for older Americans.
President Trump announced on Oct. 2 that the administration would send a one-time payment to around one-third of people enrolled in Medicare Part B, which covers doctors' visits, outpatient care and preventive screenings.
In a White House statement, the Trump administration said the "premium rebates" were intended to help "enrollees pay for their Medicare Part B premiums." The payments will be issued automatically to 20.8 million qualified Medicare beneficiaries starting this week.
Most enrollees will receive a direct deposit for $90 on or around Oct. 8. Paper checks will be sent to some beneficiaries later this month.
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